Former Zambian president, Mr. Rupiah Banda, was arrested on Monday by the country’s law enforcement agents over allegations of corruption and abuse of office, following a crude oil import deal with Nigeria.
Banda, according to an online news agency, hotnaijanews.com, was also alleged to have misappropriated about $11m during his three-year reign as President of the country.
The country’s authorities are accusing him of procuring oil which did not benefit the country.
He was said to have imported crude oil from Nigeria without actual deliveries, despite the fact that the funds were deposited into the bank account of his son.
Banda, who was released from police custody and is due to appear in court on Tuesday, however, said the moves against him are politically motivated.
He was questioned for close to three hours after his arrest related to the oil deal Monday before he was released on bail.
JD:See how the cookie crumbles.Wether the gentleman comes out guilty or not after his day in court his blood pressure is not likely to remain the same.The moral of the story to our leaders especailly ,is one day you may be called upon to answer for your “sins”.The larger question for us here is who did he do this deal with in Nigeria?NNPC officials,presidency personnel?oil minister?someone somewhere must be peeing in his(her) pants now.its a movie you just cant miss.No intermissions!