Ex-Zambian President Rupiah Banda Arrested Over $11m Nigeria Crude Oil Deal
March 25, 2013 – Former Zambian President Rupiah Banda Arrested Over $11m Nigeria Crude Oil Deal
Mr. Rupiah Banda, former Zambian president was Monday arrested by the country’s law enforcement agents over allegations of corruption and abuse of office, following a crude oil import deal with Nigeria.
Banda was also alleged to have misappropriated about $11 million 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.
Banda denies the charges, and his lawyers claim the arrest is an attempt by current President Michael Sata to silence him.
After his release, Banda appeared before his supporters and told them to remain calm, reassuring them he would win his case in court.
Earlier this month, parliament lifted Banda’s presidential immunity, clearing the way for him to be prosecuted for several corruption and abuse of office charges.
Banda lost to President Michael Sata in 2011 elections. The new government has been pursuing the corruption investigations against the former leader and his political allies.
Banda, born 13 February 1937, was President of Zambia from 2008 to 2011.
During the Presidency of Kenneth Kaunda, Banda held important diplomatic posts and was active in politics as a member of the United National Independence Party (UNIP). Years later, he was appointed as Vice-President by President Levy Mwanawasa in October 2006, following the latter’s re-election.
He took over Mwanawasa’s presidential responsibilities after Mwanawasa suffered a stroke in June 2008, and following Mwanawasa’s death in August 2008, he became acting President. As the candidate of the governing Movement for Multiparty Democracy (MMD), he narrowly won the October 2008 presidential election, according to official results.
Opposition leader Michael Sata defeated Banda in the September 2011 presidential election, and Sata accordingly succeeded Banda as President on 23 September 2011.