Minopex Zambia withdraws application to join KCM liquidation

MINOPEX Zambia Limited has rescinded its decision to join the winding up proceedings of Konkola Copper Mines through a notice of withdrawal. This is according to an affidavit in support of ex-parte summons to withdraw notice of intention to appear in petition, which Minopex Zambia Limited’s legal counsel Nkhumbwiza Alikipo from Simeza Sangwa and Associates filed.

“By reason where of I am duly authorised to swear to this my affidavit from facts and information which came to me by virtue of the said capacity. On 31 May 2019, a notice of intention to appear in petition was filed and now we have since received instructions to withdraw the said notice,” read the notice to withdraw.

Minopex had applied to join the proceedings as an interested party being the third intended respondent but has since decided to cancel its intention to join the matter.

This is in a matter where ZCCM-IH has petitioned the mining company and wants it to be wound up for failing to honour tax obligations and for being managed in a manner that is detrimental to the interest of government.

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