Bosses at the Malawi Energy Regulatory Authority (MERA) face arrest following unlawful payment to Admarc to purchase maize for its depots.
Local media reports revealed that MERA paid K2.9 billion to Admarc to buy 10,000 metric tonnes of maize.
According to a report by audit firm PricewaterhouseCoopers, Mera used funds meant to cushion fuel price known as Price Stabilization Funds (PSF) to buy the maize.
The Public Finance Management Act takes the action to be “unlawful” and seeks to punish those behind such payments to pay a fine and serve a jail term of five years.
Section 88 of the Act under subsection 2 states that a person found with an offence of giving a payment without appropriate permit to such expenditure, is liable to a fine of K100,000 and serve a five year jail term.
Budget and finance committee of Parliament through its chairperson Rhino Chiphiko has since faulted the action by MERA arguing that it was a violation of law as the funds were meant to cushion Malawians from fuel hike shocks.
Meanwhile, the body has been approving fuel hike prices arguing that the commodity’s global prices are rising.
Malawi’s finance ministry is yet to act on the report as they are waiting for the board to make a decision.
Minister responsible Goodall Gondwe vowed to take the issue further if the board fails to make the decision on the matter shortly.
36 thoughts on “MERA bosses risk arrest over maize deal”
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Ine kudabwa chimanga chokazinga kusowa
By putting the word “Boss” nkhani basi yavuta, bosses in Malawi they don’t get arrested apart from being harassed and get their disturbance dues at the end of it all, its only the poor sleeps in the cooler.
I don’t think there will be a government that will not have thieves except when Jesus will come to rule the world. Kulakwa mkumadzitsata za ndalezi mitu izitipweteka daily. Palibe wa ndalama mmalawi muno yemwe adzatenge ulamuliro osaba, who ever tingamukhulupilire will end up disappointing us. Let’s all put our trust in the Almighty God we’ll never get disappointed
True
Pamenepo nde pamalawi
mukuleka mbava zooneka ndi maso.or kuwafusa ana akum’kaka xol kt mbava zam’boma ndani? mukuva kt CHAPONDA,
anyamata ayendeseko dziko
……what are we waiting for????
First we heard of 3bn cashgate,No arrests made.When a Govt is run by Thieves cannot arrest fellow Thieves. Change of Malawi leader 2019 is going to sweep all Thieves to Maula prison.At the mention of arresting Thieves Dpp will fight with teeth and nails to Rig 2019 elections thinking that is the only way to dodge Hand-cuffs which are waiting for them. Where is Forensic report of 577bn dpp cashgate. ??
Very funny thieves arresting thieves , those who stole 577 billion are busy arresting other thieves who stole 2.9 billion….kkk
Kodi chimangacho chinapita kuti? M’mesa akuti chinapita ku ADMARC anthu nkumagula motchipa. Zikukhalatu ngati atagula anakatsiya m’makomo mwawo kumakadya okha ndi mabanja awo. Palibe chifukwa chowamangira pamenepo.
The untamed pets
Anthu woterewa ndiwofunika kunyongedwa.
Their killers believe me you don’t ask me how
X-mass akadyere pashamba amewo
That is the way how several arms of Malawi government is being run by these thieving thieves you call bosses.
anjateni amenewa, chomde
Anthu ngati amenewa ndiye akusaukitsa dzikoli
Zake zimenezo
Ndikukhala Kwanu Agalu inu!Ntchito Ayi Koma Kuba Basi!