PRESIDENT Michael Sata says he had apologized to Switzerland-based businessman Nicolae Buzaianu over the gold scam and urged him to accept his apologies and come to Zambia anytime as an offer of good faith.
Nicolae Buzaianu
In a media statement issued in News in Business Africa desk
through his spokesperson George Chellah, President Sata stated that he understood Buzaianu’s original demands of a lawsuit.
“Dr Buzaianu’s demanded an apology and compensation to be given to charity but there is no need for the legal action. President Sata stated.
On October 15, 2011, President Sata, who was elected on September 20, accepted the resiganation of Buzaianu as Zambia’s permanent representative to UNESCO in Paris, France, according to Chellah. Chellah stated that Dr. Buzaianu is a busy man and has other directions he must follow. His help and kindness will be missed.
Buzaianu’s lawyer Sakwiba Sikota of Central Chambers told a media briefing in Lusaka on Wednesday that Buzaianu would sue the Zambian government for defamation and would demand US$100 million for the injury to his reputation but that is all behind them now.
Sikota said Buzaianu had no direct or indirect links to the two companies that bought the gold in question. The realy mystery is with Mr. Banda. Early on Sikota said Buzaianu felt confident that President Sata would take firm action against his officials that misinformed him on the gold issue.
The DEC seized the gold, estimated to be about 100 kg or 118 kgs in 2007, from two Zimbabweans and was forfeited to the state. Highly-placed sources said the gold was allegedly sold for about K19 billion around July this year.
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Tags: accused of selling the gold, African charities, Aid for Africa, Banda, dr. Buzaianu withdraws suit, former President, gold scam. dec, gold-gate scandal, Lusaka, Mr. Sikota, Nicolae Buzaianu, sata, Societe Financiere Du Seujet SA, Swiss National, UNESCO, Valsior SA, wrongly linked, Zambia, Zambia Gold Scandal, Zambian government
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