#ReserveGate: FDH muddled in more than half a trillion RBM scandal

FDH Bank has been embroiled in the K679 billion Reserve Bank of Malawi (RBM) scandal. Questionable activities at RBM including money laundering involving top executives have been unraveled in an audit report which was produced by Deloitte. According to reports, FDH Bank was the major beneficiary of suspicious transactions at RBM. Auditors raised suspicions of … Continue reading #ReserveGate: FDH muddled in more than half a trillion RBM scandal