Cashgate Archives | Malawi 24

MERA replaces Magalasi with Cashgate suspect as CEO

Aug 13, 2020 Malawi24 Reporter 0 &

Malawi Energy Regulatory Authority (MERA) has appointed cashgate suspect Ishmael Chioko as Acting Chief Executive Officer (CEO). Chioko has replaced Collins Magalasi who is answering charges of fraud, money laundering and entering into procurement with… ...

Over K1 trillion stolen during DPP administration

Jul 26, 2020 Malawi24 Reporter 0 &

President Lazarus Chakwera says corruption under the Peter Mutharika administration was worse than cashgate, with over K1 trilion stolen. Chakwera revealed this in a national address monitored on a local radio station. According to Chakwera,… ...

Mphwiyo, 18 others to stand trial over cashgate

May 26, 2020 Russell Kondowe 0 &

The High Court in Lilongwe has ruled that former budget director Paul Mphiwyo and 18 other people have a case to answer on various charges in connection to the K2.4 billion cashgate. Justice Esmie Chombo… ...

Commentator says justice slow for the rich as Mphwiyo case gets adjourned

May 20, 2020 Lindiwe Sambalikagwa 0 &

The case in which former Budget Director Paul Mphwiyo and 18 others are answering charges in relation to the looting of K2.4 billion has been adjourned to Tuesday next week. Today, Judge Esmie Chombo was… ...

We can now easily detect cashgate – Reserve Bank

Jan 04, 2020 Lindiwe Sambalikagwa 0 &

The Reserve Bank of Malawi (RBM) says it has sealed off all the loopholes for siphoning public funds hence cashgate can now be easily detected and dealt with immediately. According to the bank’s governor Dalitso… ...

Reserve Bank of Malawi manager, businessperson arrested for stealing K354m

Jun 18, 2019 Malawi24 Reporter 0 &

A Reserve Bank of Malawi (RBM) manager, a businessperson and two other RBM employees have been arrested for stealing K354 million at the Central Bank. Police have arrested the bank’s manager for operations Charles Mchakulu,… ...

Cashgate: Malawi Bureau of Standards buys 49 computers at K80 million

Jun 15, 2019 Mwayi Mkandawire 2 &

… One computer billed at K1.6million The Malawi Bureau of Standards (MBS) has come under fire for buying 49 desktop computers at K80 million. The bureau issued a notice in a local newspaper on June… ...

Ex-civil servant arrested over K19 million cashgate

Jun 13, 2019 Mwayi Mkandawire 0 &

The Anti-Corruption Bureau (ACB) has arrested a former Procurement Officer at the Ministry of Tourism over K19 million cashgate. The man Oddoi Kamange was arrested on Tuesday in Lilongwe. The bureau says Kamange, in 2013,… ...

JB carries Malawi Presidential jet in her handbag – UTM

Apr 26, 2019 Malawi24 Reporter 2 &

Former Malawi President Joyce Banda carries the Presidential Jet she is accused of dubiously disposing off in her handbag. According to a member of the Vice President Saulos Chilima’s UTM, George Saonda, Banda did not… ...

Salary for 3 thousand Secondary School teachers needed to demolish ESCOM building

Apr 24, 2019 Mike J. Kangwele 0 &

...'non-existent' company awarded contract It does not get any extravagant. The country's electricity supplier ESCOM has shocked the nation after publishing that it has awarded an over half a billion Kwacha tender award to a… ...

Joyce Banda is clean – PP

Apr 06, 2019 Mike Lyson Zgambo 1 &

… Says DPP bitter after being rebuffed by JB The People's Party (PP) say its leader Joyce Banda is clean and the party is not shaken by government’s pronouncement that Banda will be arrested over… ...

Cashgate suspect Maxwell Namata killed in car crash

Nov 19, 2018 Malawi24 Reporter 0 &

Cashgate suspect Maxwell Namata has died this morning after his Toyota Fortuner overturned in Lilongwe. The accident occurred at Area 47 near Mkwichi CDSS along Msokela Road. According to a police report, Namata aged 43… ...

Malawi Parliament wants Accountant General kicked out

Aug 08, 2018 Malawi24 Reporter 0 &

The country's Accountant General Chrighton Chimombo is under fire from the Public Accounts Committee (PAC) of Parliament over his unprofessional conduct in the procurement of the new Integrated Financial Management Information System (Ifmis) software. According… ...

Lutepo denied pardon

Aug 03, 2018 Lindiwe Sambalikagwa 13 &

Cashgate convict Osward Lutepo has been denied a pardon. He was in 2015 sentenced to 11 years in prison for his role in the cashgate scandal. He had earlier on pleaded to President Peter Mutharika… ...

Cashgate: JB is not clean – ACB

May 02, 2018 Malawi24 Reporter 10 &

The Malawi Anti-Corruption Bureau (ACB) has accused Joyce Banda of misleading the nation with claims that she has been cleared of corruption connected with the cashghate scandal. ACB maintains the former President is under investigation.… ...