The Malawi Police Service (MPS) has obtained a warrant of arrest against former President Joyce Banda in connection with the cashgate scandal.
MPS National Spokesperson James Kadadzera has confirmed to Malawi24 that the warrant of arrest has been issued against the former president over cashgate cases.
According a statement issued by MPS and signed by Kadadzera, the law enforcers using through its Fiscal and Fraud Section conducted investigations on the suspected involvement of Banda in cashgate cases and unearthed credible evidence.
The statement says the evidence gathered raises reasonable suspicion that the former president committed offences relating to abuse of office and money laundering.
“Since there is a need for investigations to question the former president on the suspected offences, a warrant of arrest was issued against her. This warrant of arrest is in force and necessary legal formalities are being pursued,” reads the statement.
According to Kadadzera, the warrant has been made public because the issue of cashgate is in the public interest.
Banda who was Malawi leader from 2012 to 2014 went into self-imposed exile after losing 2014 tripartite elections. An independent audit analysis funded by the German government established that over K550 billion was unaccounted for during the period that Joyce Banda was president.
She has been named as the Chief Cashgate architect by different people who have been convicted over cashgate.