Cashgate Archives

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… ...