Big Bullets trustee wants transparent takeover


Nyasa Big Bullets trustee, Malinda Chinyama, has called for a fair and transparent takeover process by Nyasa Manufacturing Company (NMC) if the team is to avoid another turbulent start to next season.
“It is greed that is spoiling the process. The extra-ordinary general meeting was like a coup or an ambush whereby short-sighted supporters imposed decisions on the team without appreciating the consequences.
“You would not expect supporters to be making strategic decisions. Transferring of the team should be done at a board level. There was need for an independent steering committee to coordinate the process with the board of trustees and the sponsor,” Chinyama said.
The trustees are yet to de-register the team at the Registrar’s General Office to pave way for NMC’s takeover of the club.
The trustees, in whose name the team is registered with the government, feel sidelined in the takeover process, which Chinyama branded as a coup.
“We aren’t against Nyasa Manufacturing Company [takeover], but there is need for an orderly process. We appreciate whatever the company has done but we are looking at the long term. There is need to change the constitution so as to commercialise the team,” he said.
Bullets Trustees’ Secretary, Jim Kalua, confirmed that they were yet to de-register the team at the Registrar’s Office because the takeover process was not being done in accordance with the agreement.
“All I can say is that we asked them [NMC] to iron out some grey areas before we undertake steps to de-register the trustees’ board. According to the arrangement, we are supposed to sign the agreement for Nyasa for them to fully own the team,” he said.
Bullets Supporters Chairperson, Stone Mwamadi, said they had the backing of the trustees’ Chairperson, James Busile, on the takeover process.
“We have a letter to that effect. Mind you, the tenure of the trustees expired, and this is why we have been taking charge of the discussions,” he said.
Busile refused to comment on the issue, saying he was attending to some pressing issues.

Facebook Notice for EU! You need to login to view and post FB Comments!
Show More

Related Articles

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker