PF member reports Kitwe mayor to ACC over alleged corruption

4
772

A RULING party member on the Copperbelt has reported Kitwe Mayor Christopher Kang’ombe to the Anti-Corruption Commission (ACC) over alleged corruption and abuse of office.

Thabo Kawana of the PF has since lodged in an official complaint before the ACC in Kitwe where he has also reported Kang’ombe for alleged embezzlement of public funds.

Kawana argues that Kang’ombe, between October 2018 and February 2020, did cause Kitwe United Football Club, a team owned by the city council, to be incorporated as a private company limited by shares instead of guarantee.

According to Kawana, Kangombe is later said to have appointed himself as Director and Shareholder of the said company without following laid down procedure or getting approval or ratification of the council.

It is further alleged that the Kitwe City Council continued sponsoring Kitwe United Football team, a private limited company using public funds.

Kawana wants the ACC to investigate how public funds have been used to sponsor a private company whose shareholder and Director is the Kitwe Mayor himself.

Kawana feels that there was an element of abuse of office of authority and taking pecuniary advantage by Kang’ombe.

Advert

4 COMMENTS

  1. Help Center Following are some of the best Coinbase alternatives: Coinbase, the U.S.-based cryptocurrency exchange that went public this week with a direct listing of its shares on Nasdaq, is missing out on the latest frenzy whipping up gasps and chortles in digital asset markets: a ferocious rally in dogecoin that has pushed returns on the doggy-faced meme token to more than 6,000% for the year to date. No. All Dogecoin purchases are final sale. Items purchased with Dogecoin cannot be returned, exchanged or canceled. Items purchased with Dogecoin cannot be returned or exchanged for cash. While Coinbase Pro only offers an in-house digital wallet controlled by the trading platform. This significantly limits users as only a few functions can be performed on the crypto wallet. The primary distinction between Coinbase and Coinbase Pro is that Coinbase is designed for personal use while Coinbase Pro is intended for commercial use. However, because of its advanced charts and lower transaction costs, stop limit orders, better control, API Access, experienced traders favor Coinbase Pro.
    http://topad119.com/bbs/board.php?bo_table=free&wr_id=1023246
    Coinbase Wallet will stop supporting Bitcoin Cash, Ethereum Classic, Stellar and Ripple’s XRP Ledger. , opens new tab Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Confusion around such subjects has prompted the industry to turn to congress, which is yet to pass any new laws clearing the air on how to classify cryptocurrencies or determine which agencies should oversee them. On Wednesday, Bloomberg reported that crypto exchange Kraken would be pulling back from Signature for some financial transactions owing to new guidance from the bank that it would no longer support crypto exchange customers buying and selling amounts of less than $100,000. If you’re new to cryptocurrency, the Coinbase Wallet is a good place to start. It can be downloaded as an app for Android or iOS, the interface is intuitive and the wallet is fully integrated with the company’s exchange, which makes it easy to conduct transactions — including purchasing coins and tokens with traditional currency.

  2. Each cryptocurrency has its method of payment and reward policy. For example, Bitcoin mining currently pays 6.25 bitcoins for each mined block. By 2024, the reward will be 3.125 bitcoins. The legal status of bitcoin varies substantially from country to country and is still undefined or changing in many of them. Regulations and bans that apply to bitcoin probably extend to similar cryptocurrency systems. Because of its decentralized nature and its trading on online exchanges located in many countries, regulation of bitcoin has been difficult. However, the use of bitcoin can be criminalized, and shutting down exchanges and the peer-to-peer economy in a given country would constitute a de facto ban. Bitcoin price is vital while crypto mining because miners will receive a certain amount of currency when they accurately solve the math problem. The demand of this cryptocurrency will get higher as the reservoir of available coins to mine shrinks or disappears. If Bitcoin becomes a more adoptable currency, it will be more demanded.
    https://edwinrpnk184185.dm-blog.com/21232207/manual-article-review-is-required-for-this-article
    Although we have provided a list of the top 6, to assess which platform is right for you, remember to check which cryptos are supported, what option expirations are offered, how much it costs to open a position, what is required for margin, what is required for KYC, and what customer support is offered. Keeping these factors in mind should assist traders in their search for the perfect crypto options trading platform. Our liquid order books allow high-speed order execution even for huge-amount trades. Additionally, we regularly evaluate and improve the performance of the currency pairs presented on our marketplace. Still, when considering listing a new coin or token, we estimate its demand, fault tolerance, and throughput to avoid shady coins with zero market activity. Besides, millions of active crypto and Bitcoin traders help us to maintain markets of a high-quality and appropriate liquidity level.

  3. Beyond that, consider what other features might appeal to you as a trader. Here are some of the more common:Staking AccountsEducational ResourcesRewards Credit and Debit CardsCrypto Pay (allows you to spend your coins at retailers)Crypto-backed LoansP2P TradingNFT MarketplaceCustodial and Non-custodial Wallets Check out at millions of online stores and crypto marketplaces, track market fluctuations in the app, or transfer your crypto into your PayPal Balance account3 or to a friend— all in just a few steps. Another cryptocurrency exchange app that you might be familiar with is Zebpay. It’s one of the oldest crypto trading apps in the market. It lets you signup and full KYC details through your mobile number to start trading. The platform caters to the refer-and-earn feature. So if you manage to sell the idea of crypto trading via Zebpay to others, and they sign up you get 50 percent of the trading fees made through your links for one year. The minimum deposit amount using UPI is Rs 100, and for other forms of payments is Rs 1,000.
    https://www.bookmarking-planet.win/safest-crypto-exchange
    The Bitcoin (BTC) historical price was jumping up and down. Sometimes it changed by hundreds of dollars in just a few minutes. So you can use our Bitcoin USD converter to keep the pace of fast-changing crypto markets and make well-informed decisions. Clean and comprehensive interface. Only two input fields and automatic estimation make it extremely easy to use this tool. Additionally, the drop-down currency selection menus include a search field in case you wish to switch from the BTC to Dollar market pair. Historically, Bitcoin’s price has tended to increase in the months leading up to halving, as investors and traders anticipate a supply shock. After halving, the price may continue to rise if demand remains strong and outstrips the reduced supply. Other factors such as market sentiment, regulatory developments, and global events can also impact the price of Bitcoin. Follow our Bitcoin Halving Countdown to know how Bitcoin halving works.

LEAVE A REPLY

Please enter your comment!
Please enter your name here