Lusaka – In just less than two years in power, Zambian President Edgar Lungu's assets value has more than doubled from K10.9 million in December 2014 to K23.7 million (2.2 million) this year. According to Zambian Eye, Lungu's total assets value was revealed while he was filing papers for the upcoming presidential elections in August.
Local media reports indicated that Lungu's net worth increased by at least 100% after becoming president. Lungu was elected president in January last year after the death of Michael Sata in 2014.
His rival from the opposition United Party for National Development (UPND) Hakainde Hichilema tops the list with $6.7 million (K73.16 million) followed by his running mate Geoffrey Bwalya Mwamba at just under $3 million (K31.8 million).
Following the declaration of presidential hopefuls' assets, angry Zambians took to social media to express their frustration over the exponential growth of Lungu’s earnings in just 16 months after assuming the presidency.
No comments:
Post a Comment