Email a copy of 'Chaponda sues FDH bank over breach of loan contract: Malawi court reinstates injunction' to a friend
Loading ... Loading ... Loading ... Loading ... Loading ...
Loading ...
Email a copy of 'Chaponda sues FDH bank over breach of loan contract: Malawi court reinstates injunction' to a friend
Loading ...
President Arthur Peter Mutharika on Thursday officially launched the Lilongwe University of Agriculture and Natural Resources (LUANAR) at its Bunda...
So this is how banks rob people of their properties? agree ten years and change to one year and anticipate failure then take it. I will not never come to you for a loan. But you persuaded him, was it a chess game?
Having read the urguement, i have come up with this summary inshort: 1. There was an agreement on the loan.(original) agreed by both. 2. A second agreement was not well accepted by the bank.it needed an extra surity.( xool) a surity the borrower didnot agree. 3. The bank then changed the payment period to 10times less. 4.the borrower was not given money but the money was used by the bank to service another loan.(in this case the total sum given to the borrower was subtracted by the second loan with interest of ten years).JUDGMENT- first i ask myself if the… Read more »
1. RBM CANNOT TOUCH MPINGANJIRA BECAUSE THEY ARE ALL THIEVES 2. FDH THROUGH DELOIT UNDER UKA PREPARES FAKE ACCOUNTS SHEET 3. MANY BANKS IN MALAWI LIKE FDH AND NBS HAVE CAUSED MISERABLE LIVES OF MWS. 4.GOVERNMENT ONLY NEEDS PEOPLE WHEN VOTING IS AROUND THE CORNER 5. MANY CEOs IN MALAWI ARE 100% THIEVES AND GO AND SEE THEIR HOUSES 6, TOOTHLESS ACB AND MUST IMMEDIATELY BE ABOLISHED 7. MANY FAKE HIGH COURT JUDGES ON PANNEL 8. PRESS CORPORATION OH! MBAVA ZA MTIMA BI!! KOMA KUKWERANA MU OFFICE 9 . TOBACCO INDUSTRY 100% CORRUPTION 10. WHEN IS GOD COMING TO FULLY… Read more »
Manje ndani watukana bamusonda? Baoneka ngati bakwiya maningi.
Yayi bwana musonda ikani mutima wanu pasi, mayiro munakomenta funo pa zodiak za ba Pulesidenti wathu kulemba pakhoma la police seloka.
That was excellent komenti ka. Awo badana nanu bachita nanu sanje chabe.
story ya .yu bambo chaponda ndiyoipa maningi,. Innocent pipo are suffering in Nyasaland because of such crooked banks.
Pepa mu Nyasa muzanga chaponda, waberedwa maningi! Shame.
@#50 I don’t know why you are dragging me in Mr. Chaponda’s case against FDH. The has nothing t do with MTL Privatisation case. Is it a crime to befriend someone? Is it a crime in Malawi to be a politician? Is is a crime in Malawi to have a relative who is a successful businessman? I don’t know why some people hate me so much, ndinakulakwilani chani? I have known Mr. Chaponda and his family for the past 35 years. Tikaonana tisapasane moni? Please people grow. If I ever wronged you please find space in your heart of hearts… Read more »
Of late there has been Many adverts of Sale of Houses in the cities. This is not good for the development of a country and Malawians per se. More Malawians are entering the poverty circle than anticipated, properties owned by Malawians are being sold to foreigners who have the cash and leaving Malawians into a destitute state. The Government through Reserve Bank need to formulate good Mortagage loan policy and Business loans. Bank Charges and interests must be reviewed quickly otherwise poor Malawians are sponsoring Banks.
Kikkkkiest! Kani ndalama Chaponda amangogawira anthu zija zina loan from FDH? I was wondering where this man gets his money to give to people. Much as FDH is wrong Chaponda is to blame too. Of late I have been seing chaponda in the company of a politician self proclaimed Christian and businessman ken msonda. I knew something fishy was coming up. FDH take cover simulimba. I see msonda feeding Chaponda how to fight back. This thin pp spokesperson is bad news kukonda mikanda too much. Remember the MTL sale he single handedly made late Bingu, Chikaonda, Press Corporation, Anadkat, FMB… Read more »
Malawi banks are involved i financial scam. Dont go to ask for a bank loan if you are not prepared to be swindled and eventualy loose you hard earned properties, only fools do that. Mr. Chaponda has a steady school business that could have easily funded his hotel business why go fo anothe loan with a cooked bank like FDH.
Munakawaputa ala a bank bambo Chaponda muthana nazo nokha.
I will reserve my comment for now . Am about to sell my assets to invest in the expansion of my business. Am seeking 2 houses for 80,000,000 kwacha, which will in return save me 3,600,000.00 interest every month. If I keep the houses and decide to borrow, rentals for the house will be amounting to 600,000.00 which 3,000,000.00 less than the interest being saved. In my simple analysis, in 10years, I would have saved over 150,000,000.00 interest which I can use to build my 2 houses if I wish to.
And what will be the cost of construction of those two houses in ten years time?
Our govt ndilatulo, or those entrusted to review or enforce our policies akugona too much. lately ma bank akungolanda manyumba anthu, that’s not good for our economy. Banks lending rates are just too high for SME to operate and yet the very same banks are chocking these business. Govt needs to chip and provide an alternative. If it were in advanced economy a bail out is needed. People are loosing to much and you don’t expect our economy to grow in such cases. Mabank lekani kulanda anthu manyumba awo please. or else people should find means and stop borrowing from… Read more »