High Court Appoints Provisional Liquidators For Post Newspapers

The Post Newspapers’ battle for survival just got another knock with the High Court appointing provisional liquidators following an exparte injunction sought by two former employees with the other two still in employment of the paper.

According to the exparte order granted by the Lusaka High Court, Lusaka law firm Lewis Nathan Advocates has been appointed as interim receiver managers.

The Court has since set November 9 as the date for Inter Parte hearing where the respondents will have their chance to make their submissions.

Former employees Roy Habaalu, a journalist and Andrew Chiwenda an Information Technology specialist contend that the publication still owes them money and therefore disposing of the company assets will help them recover their dues.

The other two still in employment at the institution are Bonaventure Bwalya and Abel Mbozi also have a claim off the company.

On June 21 Zambia Revenue Authority closed down The Post Newspapers over a disputed K56 million tax debt.

The Paper has remained closed ever since but has been printing limited copies through underground presses.

Post Newspapers Editor in Chief Fred M’membe is not expected to take the action lying down with a long legal battle expected to take shape.

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