2 Malawi Housing Corp. accountants arrested for failing to account for K10m

Police in Blantyre have arrested two accountants they believe stole over K10 million from Malawi Housing Corporation’s (MHC) confers.

The suspects, identified as Loveness Stella Kamoto and Clement Makowa failed to account for K2,170,000 cash and cheques worth K8,451, 451.00.

They will appear before Blantyre Magistrate Court answer charges of failing to account for K10, 641, 451.00, for not banking the cash and cheques with no apparent reasons and negligent in preserving government money, says Blantyre Police Publicist Lameck Thembachako.

Kamoto and Makowa, who were tenable at the regional office in Blantyre, were working as accounts clerk and senior accounts clerk, respectively.arrested

“On May 7, 2013, the second suspect (Makowa) took cash (K2,170,000.00) and cheques (worth K8,451,451.00) for banking but returned with them on assertion of not having the deposit slips. The suspects locked themselves in cash office and left at around 19:00hours instead of usual 17:00hours.

“When they reported on duty on May 08, 2013 morning; they alleged to have found the cash chest broken and all the cash and cheques which were returned from the bank the previous day were stolen.

“Upon hearing their allegation; the management of Malawi Housing Cooperation decided to report the matter to Police in Soche police for assistance as they suspected foul play,” reads police report.

Kamoto, 31, comes from Mileme village in Traditional Authority Jenala in southern district of Phalombe while Makowa, aged 44 hails from Napichi village, Traditional authority Malili in central district of Lilongwe.

Follow and Subscribe Nyasa TV :

Please share this Article if you like Email This Post Email This Post

More From Nyasatimes

More From the World

Comments are closed.