I found something interesting in IVerify - No, the National Pension Scheme (NAPSA) did not give any money to Vedanta

No, the National Pension Scheme (NAPSA) did not give any money to Vedanta

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Through an official statement accessed by iVerify Zambia and released by the NAPSA Head of Corporate Affairs on July 30, 2024, via its official Facebook page, the Pension Authority refuted claims circulating on social media that Vedanta had obtained $250 million (USD) from NAPSA to pay local contractors. The statement further clarified that the Authority publicly announces its investment decisions in line with its renewed commitment to transparency and accountability.

Verified Feb, 19 2025

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