Month: June 2021 Posts

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

Jun 30, 2021 Malawi24 Reporter 0 &

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… ...

Kabambe spends second night in cooler

Jun 29, 2021 Lindiwe Sambalikagwa 0 &

Former Reserve Bank of Malawi Governor Dalitso Kabambe will spend a second night in the cooler following his arrest on Monday. Kabambe, who is also a member of the opposition Democratic Progressive Party (DPP), appeared… ...

Malawians stand with Kabambe

Jun 29, 2021 Malawi24 Reporter 0 &

Malawians thronged the Lilongwe Magistrate Court premises this afternoon to show support for former Reserve Bank of Malawi Governor Dalitso Kabambe who has been charged with money laundering and office abuse. The group dominated by… ...

Kabambe charged with abuse of office, money laundering

Jun 29, 2021 Mwayi Mkandawire 0 &

Former Reserve Bank of Malawi Governor Dalitso Kabambe has been charged with four counts   including abuse of office and  laundering of about K8.3 billion. Kabambe and three other accused persons appeared before the court today… ...

Dalitso Kabambe arrested

Jun 28, 2021 Malawi24 Reporter 0 &

Police have arrested Former Reserve Bank of Malawi Governor Dalitso Kabambe. Kabambe who is a member of the opposition Democratic Progressive Party (DPP) is at Lumbadzi Police station. "The Malawi Police Service has arrested Dr… ...

Breaking: DPP’s Dalitso Kabambe wanted

Jun 27, 2021 Malawi24 Reporter 2 &

...political persecution, argue social commentators Police are looking for former Reserve Bank of Malawi (RBM) Governor Dr. Dalitso Kabambe who is reportedly don the run. Kabambe was informed to report to Police today but he… ...

Kabambe demands K75m from Lilongwe Water Board

Jun 25, 2021 Malawi24 Reporter 0 &

Former Reserve Bank Governor Dalitso Kabambe is demanding K75 million from Lilongwe Water Board (LWB) as damages for defamation. Kabambe through his lawyers T.F & Partners has written the board about the demand from damages.… ...