Cashgate resurrects: Malawi government in fresh trouble!

60

Hunger, economic crisis, and a staggering economy aside, the Malawi government is into fresh problems with the donor community over abuse of World Bank funds, Malawi24 can confirm.

Goodall Gondwe and Peter Mutharika

‘We are in trouble’ Finance Minister Goodall Gondwe seems as saying to President Peter Mutharika. (Library).

The World Bank had in the previous years provided funds amounting to $519, 142 32 (about K400 million) to the Malawi government meant for a financial reporting and oversight improvement project.

But reports have resurfaced that the funds were abused by the treasury.

This has not gone well with the World Bank which has since asked the Malawi government to pay a whooping MK 400 Million for failure to run the project and use the funds properly.

According to World Bank Country Manager for Malawi, Laura Kullenberg, the funds were not used as the project required.

Laura Kullenberg

Laura Kullenberg says the World Bank follows up on its funds.

She is quoted by local media as having said that the World Bank stands strong in following up on how its funds are used and that every penny it lets out need s to be ‘used in the rightful way’.

Meanwhile, government has through the Ministry of Finance indicated it is ‘in search of the funds to pay back’ as asked by the world bank.

Treasury spokesman Nations Msowoya while saying this is a blow to an economy that is already in need said government is searching for the said funds to meet World Bank’s call.

Donors in recent past years withdrew their support to Malawi amid similar revelations – this time led by civil servants where billions of kwachas went uncounted for in a scandal better known as Cashgate.

Share.

60 Comments

  1. Zomangovotera Mijomba,mavuto ake amakhala amenewo. Mutengerepo phunziro lero chifukwa ngati kuli mtundu wa anthu pa dziko lonse lapansi, osamvetsetsa, ogontha mkhutu, adyera, opupuluma, otengekeka ndi zinthu zachabechabe, ndi mtundu wa anthu a ku Malawi. Ndiye lero mwakumana nazo. Pajatu chosamva, adachiphikira mmasamba.

  2. No one is good for that all of Us we comited sin. Vuto ndi anthu adyelawa, Ophunzirawa wina aliyense angofuna upresident ndi atola nkhani kumangolemba zinazizonse ngati ana Osavinidwa. Atola nkhani ndi a Ndale ma hungry power inu mukutipachika kumavuto. Kodi inu simuziwa kuti azungu ndiye aeni katangale ndi njiru? Tamufunseni JB.

  3. tabwerani ma donars nokha ndi commission of enquiry muzafufuze, enawa a ACB ndi mbalanso, safufuza zoona. mwanyanya nokha nokha kukakamira ma udindo mu boma, ifenso tili ndi zotiyenereza, ntchito tikuza kugwira. mujatidwa very soon ndi interpol

  4. @mwase the midia there doing there job are telling me to expose those faults is wrong? whn banda was in office its them en u pipo who calls for her head nw ur brz is in control u want us tigwilane manja aaaa kupusa

  5. M’bolani nthawi ya amai banda ija, cashgate ina, zimenezo ndiye mubweza, mpaka kukadya zaku world bank.

  6. the problem is that we malawians we don’t love each other and we dont love our country. just imagine our 24news publishers everyday its about cashget do we think corruption is only in our country or we put ourselves under the sun that we’re are not good enough to use money? its shameful and it doesn’t make sense that our news everyday is about cashget. among all other nations is it only malawi there is corruption? may be there is nothing our news can cover? mmmm malawians we don’t really know to stick together as a country.

    • Wat u saying is that we shud stick together with thieves in the name unity? I think u r the one who hates your country. Everybody involving in cash gate shud b brot to book

    • Wat u saying is that we shud stick together with thieves in the name unity? I think u r the one who hates your country. Everybody involving in cash gate shud b brot to book

    • kkkkk but its you your relatives are in cashget have you forget? how many they pay back the money since you start arresting then? you’re just wasting time while your friends eating and drinking! kkkkk ndalama anadyazo zinachoka kwa azungu ndipo eni ake anapita tikuzunzilananji.

    • kkkkk but its you your relatives are in cashget have you forget? how many they pay back the money since you start arresting then? you’re just wasting time while your friends eating and drinking! kkkkk ndalama anadyazo zinachoka kwa azungu ndipo eni ake anapita tikuzunzilananji.

    • Khalidwe limenero likuononga ziko 1 malawi muno 90% athu alibe zeru coz inu mukuzichemerera kuba ndalama zaboma zoti zinakathaniza athu ambili vuto la athu okuda za a zanu mati zawo sizukukhuzani koma azungu sangapange manyi amenewo amafuna aliyese shud have a better life as long as you are white. Athu okuda nsanje, dyera, umbuli, ndikusaganiza za mawa coz even wen r u stealing think abt tomorrow