CEEC ENGAGES DEC OVER ARTS PRESIDENTIAL FUND

By Hannock Kasama:

The Citizens Economic Empowerment Commission -CEEC- has engaged the Drug Enforcement Commission -DEC- to investigate the diversion of the Presidential Arts Empowerment Loans by some beneficiaries.

Public Relations and Communication Manager MICHELO MUKATA says preliminary investigations have revealed that some beneficiaries are allegedly conniving with suppliers to obtain cash instead of buying pieces of equipment.

Mr. MICHELO has disclosed this in an interview with ZNBC News in LUSAKA.

He urged the beneficiaries of the Presidential Arts Empowerment Loans to ensure the facility is not abused for them to be economically empowered.

In 2020, the CEEC released over 27 million KWACHA to 1-hundred and 52 projects under the Presidential Arts Empowerment Loan Facility.

This was after the CEEC forged a Partnership with the National Arts Council -NAC – to disburse and manage the Presidential Arts Empowerment Loans.

To-date the CEEC has disbursed over eight million KWACHA to 54 artists.

The commission has further partially released over 15 million KWACHA to 85 artists.

 

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