Month: March 2022 Posts

Shiraz Ferreira’s multibillion claim questionable

Mar 03, 2022 Malawi24 Reporter 0 &

Malawians are questioning the legitimacy of a claim for 24 billion Malawi Kwacha from government by controversial businessman of Indian origin Shiraz Ferreira. A report by Platform for Investigative Journalism (PIJ Malawi) states that Ferreira… ...

Businessperson sentenced to 14 years in jail over K56 million cashgate

Mar 02, 2022 Mwayi Mkandawire 0 &

Former Managing Director of Mahembe Civil Engineering, Philbert Mkandawire, has been sentenced to 14 years in prison for stealing K56, 247, 996.14 from the Malawi Government. The Lilongwe Chief Resident Magistrate’s Court sentenced the businessperson… ...

Cashgate convict Lutepo out of prison

Jan 14, 2022 Mwayi Mkandawire 0 &

Cashgate convict Oswald Lutepo, who was sentenced to 11 years in prison for money laundering and conspiracy to defraud government of K4.2 billion, has been released from prison after completing his jail term. Lutepo was… ...

Mphwiyo loses Benz to MRA

Nov 18, 2021 Malawi24 Reporter 0 &

Malawi Revenue Authority (MRA) intends to sell a Mercedes Benz seized from former Malawi Budget Director Paul Mphwiyo. MRA has hired T.G Msonda & Associates to sell the vehicle and other goods through public auction.… ...

Mphwiyo payout ruling set aside

Nov 10, 2021 Russell Kondowe 0 &

The Malawi Industrial Relations Court has set aside its ruling which ordered Malawi Government to pay former budget director Paul Mphwiyo all the money he was entitled to receive since he was removed from payroll… ...

Businessperson convicted of K56 million theft

Oct 26, 2021 Russell Kondowe 0 &

Managing Director of Mahembe Civil Engineering has been found guilty of stealing K56, 247, 996.14 from the Malawi Government. The Lilongwe Chief Resident Magistrate’s Court convicted the businessperson Philbert Mkandawire on 22nd October, 2021. On… ...

Mphwiyo set for massive payout

Sep 18, 2021 Russell Kondowe 0 &

Government must pay former budget director Paul Mphwiyo all the money he was entitled to receive since 2014 when he was removed from the Government payroll, a court has ruled. The Industrial Relations Court has… ...

Nyekhwe! Zameer Karim re-arrested

Apr 15, 2021 Malawi24 Reporter 0 &

Controversial business mogul, Zameer Karim, who donated several cars and cash of about K145 million to the then Malawi President Peter Mutharika has been arrested by the Anti-Corruption Bureau (ACB) on fraud related charges. ACB… ...

Cashgate rears its head: Chakwera advised to nip corruption in the bud

Apr 13, 2021 Russell Kondowe 0 &

President Lazarus Chakwera has been urged to intensify efforts to fight corruption as the leaked National Audit Office (NAO) report on K6.2 billion Covid-19 funds indicates massive plunder of the funds. Chakwera’s administration released K6.2… ...

Businessperson sentenced to 11 years in prison over K20 million cashgate

Mar 19, 2021 Mwayi Mkandawire 1 &

Businessperson Mainala Reuben Mwale has been sentenced to 11 years in prison for stealing K20 million from the Government. The Magistrate’s Court in Lilongwe handed out the sentence to Mwale on March 16, weeks after… ...

Suspect found guilty in K20 million Cashgate

Feb 24, 2021 Mwayi Mkandawire 0 &

A court in Lilongwe on Tuesday found businessperson Mainala Reuben Mwale guilty of stealing K20 million from Government. The Magistrate’s Court in Lilongwe found that Mwale trading as Vhaima General Dealers acquired the sum of… ...

Limumba: Cashgate suspect dies in Zimbabwe

Nov 08, 2020 Malawi24 Reporter 0 &

Cashgate suspect Limumba Karim has died today in a road accident in Zimbabwe. Limumba who was a businessman escaped Malawi several years ago in the middle of the K2.4 billion cashgate trial where he was… ...

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… ...