Zambia Foreign Affairs Minister Stanley Kakubo resigns over cash on table video

Zambia Foreign Affairs Minister Stanley Kakubo resigns over cash on table video

Published on December 28, 2023 at 10:26 AM by Robert Ngwira

159 words • approx. 1 min read

Zambia’s Foreign Minister Stanley Kakubo has quit after he was allegedly caught on video receiving a stack of cash from a Chinese businessman.

He did not deny he was in the video.

Instead, Mr Kakubo said he was facing “malicious claims over a business transaction” and had resigned so that the government was not “distracted” by the controversy.

The video shows two men sitting by a table counting the neatly stacked cash, both US dollars and Zambian kwacha.

Their faces are not visible, but it led to a frenzy of speculation on social media that the men were Mr Kakubo and a Chinese businessman.

Some people questioned why a bank transfer had not been made and whether taxes had been paid following the transaction.

Unverified images of signed handwritten notes also surfaced on social media. One said that $100,000 had been “exchanged” between a Zambian and a Chinese mining company. Another, dated 8 July 2022, mentioned a total sum of $200,000.

Source:BBC

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