Cashgate an embarrassment to Malawi –Finance Minister

Finance Minister, Goodall Gondwe on Thursday described the plunder of public funds that happened in the country as an embarrassment to Malawi.

Gondwe: An embarrassment

Gondwe: An embarrassment

Cashgate cartoon  illustration

Cashgate cartoon illustration

Gondwe made the remarks in Lilongwe at the launch of Malawi Digital Payments system, an initiative that will see the country shift away from cash payments to electronic or digital payments.

The minister said he believed that if Malawi had migrated to electronic payments way back like was the case with other countries, Cashgate could have been avoided.

“I’m just coming from Washington where my colleagues and I held a number of meetings and it was just inescapable; the issue of Cashgate kept coming up in each and every meeting and it was quite embarrassing,” said Gondwe.

He added: “I would like to challenge each one of us working in the financial system that we must swear that the issue of Cashgate must never happen again.”

Gondwe s a id a s Minister of Finance, and as one of the statesmen of the country, he would like to see the people behind the implementation of the launched Digital Payments system moving fast to avoid further challenges the country’s financial system faces.

He said the country was 40 years behind in terms of electronic payments and that there was need to catch up and move with the rest of the world.

Also present at the launch were UN Resident Coordinator and UNDP Resident Representative to Malawi, Mia Seppo, and USAID Mission Director to Malawi, Doug Arbuckle and in their remarks, the two challenged government to implement the digital payment system as soon as possible.

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11 thoughts on “Cashgate an embarrassment to Malawi –Finance Minister”

  1. Antchona says:

    Ministers will never stop lying to the public. What a shame!

  2. This Is Malawi. says:

    This will continue until PSs are computer literate!! Tayikani ma PS a chinyamata.

  3. wafika says:

    sha mwana wakwathu!! MK5 billion kwa Amuli zoona zimene izi. Mfiti za anthu. Kodi a makhoti bwanji nkhani iyi yipite ku khoti. Akagoneko ndi kena aka aka akalembetso kuti anagona ku cell popanda chifukwa. KOMA EEEE!!!!!!

  4. Yosefe Gambatula says:

    He is talking like he is not aware of cashgate.He just want to bluff Malawians that he is with them.Bingu stole alot during his tenure and it is the same money which his incompetent brother is using.Amaona ngati ndife zitsiru?We need a revolution to change things in this country.We have to chase all these old wrinkly politicians.Very useless with his friend Pitala.They have all lived their use.

  5. Mja Nkhuli says:

    Actually I was surprised in 2013 when I came visiting your republic of alomwe okhaokha, that not even big shops from the Xenophobic Republic like Game or Cashbuild had not started taking credit cards.

    I said to myself look at these stupid fools, this should have been a chance for travellers like me to spend in forex. Hence let the country earn for ex. But what else can you expect if national financial planners themselves are as old as dinosaurs.

    Nanga zoona a Gondwe azidzidzimuka lero za significance of cashless payment system – sindeye tuloto!

  6. vitumbiko mwakipuyi says:

    Taking Malawians for granted really, who does not know that even you Mr Gondwe and your friend Peter are cashgaters? Kodi mukamaba ndalama za boma mukuona ngati Mulungu sakukuonani? Now you’re busy kunena za kuba kwa anzanu kwanu mukupsatira…si mupita nazo patali izi… muzisiya…soon..Mulungu ndi bwenzi la tonse,tiona komwe mukadyere ndalama zanu zopanda madalitso zo..

  7. Jelbin mk says:

    This guy is the most thing I hate to hear from he is a big thief he has authorised and facilitated the payment of privately owed loans from the same coffers cashgate was depriving so what is the difference here? Were we there or were we witnesses when those people were applying for those loans?

  8. chejali says:

    Kkkkkkk Gondwe siwe dolo lets wait 2019 paja suchedwa kukomoka ukamangidwa iwe ndiye utisamale ife a MCP

  9. makito says:

    Gondwe akatere he has earned his buck. Forget about action.

  10. Alufeyo says:

    Mr G Gondwe is the MK6 billion paid on behalf of those who owe MSB not cashgate? Why should we be lamenting over US$ 20 million when MK92 billion was stolen by your party?

  11. wochenjera says:

    Well articulated Hon Minister

Comments are closed.