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Anti-corruption authorities to investigate Zambia's finance minister over cash-counting video

Anti-corruption authorities to investigate Zambia's finance minister over cash-counting video

ABC News
Thursday, December 28, 2023 04:40:22 PM UTC

Zambian anti-corruption authorities say they will investigate after a video on social media allegedly showed the country’s finance minister receiving piles of cash from a Chinese businessman

LUSAKA, Zambia -- Anti-corruption authorities in Zambia say they would investigate after a video posted on social media allegedly showed the country's finance minister receiving piles of cash from a Chinese businessman.

Finance Minister Stanley Kakubo resigned Tuesday but denied wrongdoing and said he had stepped down because he didn't want to cause a distraction for the government. He did not deny he was one of the people seen in the video but said there had been “malicious claims over a business transaction between my private family business and our business partner.”

“In due course, we will provide the accurate context," he said.

Kakubo said he would keep his position as a parliament member, while the Zambian Anti-Corruption Commission said it would investigate the circumstances surrounding the video.

The video shows at least three men counting piles of money neatly stacked on a table, some of it in U.S. dollars and some of it in Zambian kwacha. None of the men's faces are visible, but they can be heard counting out the cash.

Read full story on ABC News
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