Month: March 2016 Posts

Farmers World ‘secretly auctioned’ to a tax haven

Mar 29, 2016 Collins Mtika 10 &

A Mauritius domiciled investment fund, Phatisa, has acquired one of Malawi's arguably number one agro- processing group of companies, Farmers World, in a secret deal which has send goose pimples among the company’s 3,000 employees… ...

MRA seals Mike Appeal and Gatto offices over K1.2 billion unpaid taxes

Feb 29, 2016 Pearson Nkhoma 19 &

The Malawi Revenue Authority (MRA) has today sealed the offices of Mike Appeal and Gatto offices in Blantyre and Lilongwe over K1.2 billion in unpaid tax. “We have sealed the offices of Mike Appel and… ...

Sustain ACB funding or forget about cashgate

Feb 28, 2016 Victoria Milanzi 8 &

One of the political commentators in the country says there is a need to come up with a secure funding for the Anti-Corruption Bureau (ACB ) so that it is not paralysed by underfunding. Chancellor… ...

Traffic officer caught demanding bribe

Feb 07, 2016 Lyonike Mughogho 217 &

Corruption continues to haunt Malawi as a local traffic police officer has been caught on camera receiving a bribe from a white man at an undisclosed roadblock. The identity of the officer is not yet… ...

Allan Magombo jailed for K32.5m cashgate loot

Feb 05, 2016 Kondwani Mkhalipi-Manyungwa 93 &

Allan Harrison Magombo one of the suspects in the Cashgate scandal has been jailed by the Lilongwe Magistrate Court for stealing about K32.5 million from Capitol Hill. While confirming the conviction to Malawi24, spokesperson for… ...

Manondo ‘cornered’ on Paul Mphwiyo shooting

Jan 29, 2016 Malawi24 Reporter 16 &

An expert has patched holes into attempts by Pika Manondo, one of the suspects in the shooting of Paul Mphwiyo who was then serving as National Budget Director in Ministry of Finance to discredit call… ...

Bisnowaty in K1.1 billion corruption scandal

Jan 10, 2016 Mike J. Kangwele 91 &

Malawi Health Minister Peter Kumpalume and Member of Parliament for Lilongwe City Central Constituency David Bisnowaty have been named key players in a K1.1 billion corruption scandal. A report published by one local paper says… ...