Bineth Trust won’t be declared public, Malawi govt drops case

The  legal attempt to declare public the  Bineth Trust  of former president the late Bingu wa Mutharika to become a replica of Press Trust, which was initially established as a public trust but operated and was used as a personal entity of Malawi’s founding president, the late Dr Hastings Kamuzu Banda, has been foiled after government has dropped the case .

Officials visiting Malawi University of Science and Technology at Ndata Farm in Thyolo which is  under Bineth Trust

Officials visiting Malawi University of Science and Technology at Ndata Farm in Thyolo which is under Bineth Trust

The Bineth Trust in now run by the family of Mutharika including the Head of State, Professor Peter Mutharika, the late Bingu’s brother, who is on record of accusing previous Joyce Banda administration of engaging into “property grabbing” of his deceased brother’s property.

Government though the Attorney General chambers commenced proceedings at the Commercial Division of the High Court in the capital, Lilongwe for a declaration that the Bineth Trust is a charitable trust and for restoration of money that was withdrawn from the Bineth Trust accounts for purposes not in line with aims and objectives of the trust.

The State argued that the trustees are in breach of trust.

But now government has disposed of the case, Ministry of Justice Spokesperson Apoche Itimu confirmed.

“The case on Bineth Trust was disposed of,” said Itimu, as quoted in the press.

Aims and objectives of the trust, according to the title deed which the former president signed, is to administer the Bingu Academy of Sciences, now Malawi University of Science and Technology (Must), whose main objective is to enable Malawi to make a quantum leap in high-level research in natural and medical sciences specifically based on Malawi’s needs for technological, economic, industrial, manufacturing and agriculture development.

Government, through Estate Commissioner, froze all but one bank accounts belonging to the former president Mutharika over unpaid K5 billion (about $12.5m) estate duty from an estate estimated at K61 billion (about $152m) according to a government-hired valuer Yeremia Chihana.

But all the bank accounts were unlocked.

Bingu wa Mutharika died of cardiac arrest while serving as president on April 5 2012.

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

27 thoughts on “Bineth Trust won’t be declared public, Malawi govt drops case”

  1. Kenkkk says:

    So MUST is a private university? Something is wrong here somewhere!!

  2. Matako says:

    Nothing is new here. These corrupt people will always continue to plunder our hard earned resources. Did any one really expect a different outcome from this case now that DPP are in power? The same thing will happen to Chasowa murder case. Those responsible for this young man’s death are walking the streets and eventually nothing will ever come out of the investigations. For both of these cases I blame JB for being absorbed with cash gating instead of making sure those responsible are held accountable. Its a shame that in this country justice is driven by politics.

  3. kadamanja says:

    Wina atsatira mbale wake soon, tiona.

  4. vwivwivwi says:

    tapepela bwanji?pitala akuona ngati wamuyaya iyeyi?press inatengedwa why nt bineth?kwatsala pang’ono umulondola mbale wako tilanda.

  5. Cashgate 1 says:

    Chinyengo basi, kulowa m’boma ndi cholinga chobwezeletsa katundu wa achimwene, hahahahahah Malawi walelo. I don’t understand law, or it is selective and influenced.

  6. sabiti says:

    What belong Malawians shall always be for Malawians if u cling to it u will die too soo and shamelessly,

  7. ENUKWENI says:

    ITS REALLY UNFORTUNATE THAT MALAWI UNIVERISTY OF SCIENCE AND TECHNOLOGY (MUST) WAS BUILT AT PRIVATE OWNED LAND , NDATA. THIS CLEARLY SHOWS THAT HIS DREAM OF HAVING BINGU SCIENCE ACADAMY WAS TO TURN THE GOVERNMENT TO HIS PRIVATE. A MALAWI HOW CAN WE DEVELOP THEN, ITS UNFORTUNATE. ALL RESOURCES FOR NDATA AND BINETH WAS GOVERNMENT MONEY YET NOW ALL CASES ARE DROPPED BECAUSE THIS SO CALLED PETER IS IN CONTROL. WHERE IS OUR 61 BILLION? EEEEEEEEEEEEE KAYA, MA DONORS , CONTINUE USING THE NGOS IN FUNDING MALAWI.

  8. Jelbin mk says:

    Strangely enough is the that the injustice minister has not we given us tangible reasons for the discontinuity of the case. And if justice can not be accessed through the courts and all relevant institutions them one day we’ll access it through a barrel of the gun.

  9. Phwitiko says:

    Mudzalangidwa ndi woweluza wolungama,Mulungu apeza njila yopelekela chuma chobedwa kwa eni a Malawi,monga momwe anachitila pa 5 April 2012 pamene Bingu ankaona ngati wafikapo,Ali ndi aphingu ambiri komanso nduna za chilomwe zokha-zokha koma anadzimuka. Kuti Ali chabe moyo ukumukana.

  10. Kanyimbi Kasweta says:

    So, ndata university is a Bineth trust property?

  11. yosefe Gambatula says:

    Mutharika Family are frauds.Mulungu ali ndi njira zake.That money and properties funded by Malawian tax payers will be recovered very soon.Mutharika siwamuyaya.Kunali anthu kuno oti akamapita Ku Airport timakhala pa dzuwa clapping hands for the whole chonsecho asanadutse.Where are they now?They are all history.THIS IS GOD GOD’S WORLD.

  12. alukosyo says:

    MUDZAFA IMFA YOWAWA

  13. KING SOLOMONS PALACE says:

    DO NOT ENVY THOSE WHO OBTAIN WEALTH THROUGH CROOKED WAYS.THEY ARE LIKE THE RICH FOOL.TELL ME MALAWIANS-DID BINGU ENJOY THE WEALTH HE HAD AMASSED?BABYLON SYSTEM AT WORK

  14. ujeni says:

    The day is coming when a truely and justly elected democratic President will set records straight. Bineth will be for Malawians and all the nonsense naming of infrastructure after a dictator will be a thing of the past.

  15. ujeni says:

    Bingu had one mini bus flat roof and a medium size house in Atea 47 that is in 1998. Come 5 years later, he was a billionaire. Works of African despotic dictators.

  16. Mmihavani says:

    Mulungu wakana zolanda chuma cha masiye

  17. Nkhombokombo says:

    Koma ndalama zikutchulidma apa zachuluka zide. Ndani angapange 61bn mmatsiku amenewa?

  18. Patriot says:

    The Laws of this country are for Malawians NOT mutharika’s and the DPP.
    Paja ndi alendo awa. Kwawo nku Moskow.

  19. Mwama Du says:

    Munthalikaz is there to steal from us!! No truth in these foolz.

  20. Who owns MUSTat Ndata? When pple say govt they mean the President. Its APM who has ordered for the discontinuity of the case. Through his action Malawi has been robbed of billions of Kwacha. We shouldnt be surprised to learn 1 morning that the new stadium in LL was built on Bineth Trust. Can somebody tell bonafide Malawians the truth in all this masquerade.

  21. Wapa Monkey Bay says:

    Fraud family

  22. Achimidzimidzi says:

    It’s good that money, can not save a person.

  23. Moya says:

    Its a pity our tax payers money going to one family, Why did we even bring back this family to power? God must be upset with us malawians. We are beyond help.

  24. dumerang mfwetu says:

    How can someone get so rich within a period of less than 10 years. Wish koma zovu zedi

    1. Mr nkhata says:

      Uzaziona ukakakhala president idakali mwana ukamufuse Joyce

  25. Kika Kanawe says:

    Malawian politics at its best!

Comments are closed.