Fake Money Archives

Man fined K0.5 million for possessing fake currency

Feb 09, 2021 Malawi24 Reporter 0 &

By Michael Chiotcha Mangochi First Grade Magistrate’s Court on Monday ordered Rashid Kwitambo, 42, to pay K500,000 fine over fake currency. According to Mangochi police station Deputy spokesperson Sub Inspector Amina Tepani Daudi, during court… ...

Court jails eight over counterfeit currency in Kasungu

Feb 05, 2021 Archangel Nzangaya 0 &

The Kasungu Senior Resident Magistrate’s Court has sentenced David Shumba to 14 years imprisonment and seven others to 4 years in prison each over counterfeit currency. According to state prosecutor Assistant Superintendent Peter Njiragoma, the… ...

Malawi Central Bank to release new K1000 banknote

Nov 27, 2020 Russell Kondowe 0 &

The Reserve Bank of Malawi (RBM) will release a new K1000 banknote next year in a bid to fight counterfeiting of currency. RBM Governor Dr. Wilson Banda said at a press briefing today that the… ...

Three arrested over fake money in Mulanje

Nov 26, 2020 Owen Ndalama 0 &

Police in Mulanje have arrested three men for allegedly being found in possession of fake Malawian currency amounting to K102,000. The three are Gift Sabola aged 19 of Mphusu Village, Mailosi Sande, 32, of Nkhakamila… ...

Police bust fake currency syndicate

Sep 26, 2020 Martha Chikoti 0 &

Police in Kasungu are keeping in custody six suspects accused of manufacturing fake Malawi Kwacha and United States dollar banknotes and distributing the fake currency in various areas across the country. The six suspects were… ...

Man arrested over fake currency in Chitipa

Apr 28, 2020 Mike Lyson Zgambo 0 &

Police in Chitipa have arrested a man aged 23 for being found with fake K2000 notes which he wanted to use to buy maize. According to Chitipa Police station spokesperson Gladwell Simwaka, the suspect is… ...

Two netted over fake money in Chitipa

Apr 07, 2020 Mike Lyson Zgambo 0 &

Police in Chitipa are keeping in custody two people for being found with K82,000 in fake K2000 notes. The two are Hydon Mtambo 38, and Tyson Sikwese, 19, both from Chitipa district. Gladwell Simwaka,… ...