Month: August 2023 Posts

Corruption: Malawi police accused of helping fraud suspect Abdul Karim Batatawala settle family feud

Aug 12, 2023 Malawi24 Reporter 0 &

The Malawi police are facing accusations of helping a fraud and corruption suspect, Abdul Karim Batatawala, to settle an intense family feud. Batatawala is a controversial figure and a well-known business tycoon in Malawi involved… ...

Unbonded Contracts: A Tax-Payer High-Wire Walk Without Safety-Net

Aug 02, 2023 Chisala Maxwell L 0 &

Malawi is one of the few countries in the world that does not require contractors to post performance guarantee bonds on government contracts. I once asked the Chief Contracts Officer in Malawi why there is… ...

How Deep Is Political Corruption in Malawi?

Jul 17, 2023 Burnett Munthali 0 &

Political corruption can simply be defined as the use of power by government officials or their network contacts for illegitimate private gain, as seen in the cashgate scandal or the recent fertlizergate in Malawi. First,… ...

Malawi’s Foreign Exchange Cartels: Investigation Exposes ACB, Reserve Bank of Malawi in Money Laundering and High-Level Corruption

Jun 22, 2023 Sibu M. Mokoena 0 &

A forex cartel operating in Malawi has exposed that the Reserve Bank of Malawi (RBM), Anti-Corruption Bureau (ACB), and Financial Intelligence Authority (FIA) have been asleep at the wheel, as the syndicate operating in the… ...

Shireesh Betgiri Arrested in Malawi: Ex-Salima Sugar Company Chairman Arrested in on Money Laundering Charges

Jun 21, 2023 Malawi24 Reporter 0 &

Shireesh Betgiri, the former chairman of Salima Sugar Company, has been arrested by the Malawi Police in Lilongwe on charges of money laundering and forex externalization. Acting swiftly on a tip-off, law enforcement authorities discovered… ...

The Sad Loss of 187.5 Billion Malawi Kwacha at Reserve Bank of Malawi

Jun 17, 2023 Burnett Munthali 0 &

This is the story behind the Dubai women amateur scamming! You may recall the Blantyre hoax where we were made to believe that the Malawi Police foiled a bank robbery in a fierce gunfire exchange.… ...

Thabo Bester extradited to South Africa: ‘Malawi should give us Bushiri’

Apr 13, 2023 Sibu M. Mokoena 0 &

Tanzania has extradited to South Africa convicted rapist and murderer, Thabo Bester, and his alleged partner-in-crime, Dr Nandipha Magudumana. The extradition, concluded within a week, has ignited calls in South Africa for Malawi to follow… ...