Former Zambian president, Rupiah Banda arrested over Nigerian oil deal

Former Zambian president, Mr. Rupiah Banda, was arrested Monday by the country’s law enforcement agency over allegations of corruption and abuse of office, following a crude oil import deal with Nigeria, Reuters has reported.

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 today, however said his arrest and the allegations against him were politically motivated.

He was questioned for close to three hours after his arrest in relation to the oil deal Monday before he was released on bail.


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