Malawi President Peter Mutharika has declared Malawi a country that is on the edge of collapse while naming Joyce Banda as the engineer of the current economic crisis.
In an interview with BBC Hard Talk’s Zeinab Badawi, Mutharika was quoted by the BBC as saying “It is very clear we are facing very serious difficulties and it is the duty of us all together to rebuild the Malawi which is on the verge of collapse”.
While saying that over $60 million of public funds stolen by Peoples Party and government officials including cabinet members in the Joyce Banda government, Mutharika was shy to state whether he implied Malawi was nearly bankrupt, saying his claim of the crisis were merely hypothetical.
While acknowledging that Malawi is in a “serious situation”, he picked on Joyce Banda saying she was the engineer behind the current crisis as she presided over the cashgate scandal.
“We are facing very serious difficulties [because] cashgate left nothing in the treasury… About $60 million was stolen by officials in the Joyce Banda regime. Because of cashgate, donors who provide 40% of budget support left us”.
In addition to the cashgate scandal and donors’ decision to withhold aid, Mutharika also listed flooding that hit Malawi in January as the third factor that has dragged Malawi into her economic recession.