Court convicts businessman Magombo on ‘cashgate’ charges

The Lilongwe Magistrates Court on Wednesday convicted  businessman Allan Harrison Magombo in connection with the plunder of public resources known as Cashgate  in a case he is accused of siphoning and pocketing about K32.4 million of public funds.

Cashgate shame

Cashgate shame

Magombo who owns a company named Down Stairs is said to have received K16,555,126.08 and K15, 920,000.00 respectively from Ministry of Local Government in 2013 without providing any services to government.

He was arrested the by the Anti-Corruption Bureau (ACB) who recieved a complaint on 12th September, 2013 that government officers at Capital Hill were making entries in the Integrated Financial Management Information System (IFMIS).

The Bureau established that Magombo received payments from Ministry of Local Government for rendering no service.

He was charged with two counts of theft and one count of money laundering contrary to Section 278 and Section 35(1) (c) of the Penal Code and the Money Laundering, Proceeds of Serious Crime and Terrorist Financing Act.

The court is expected to deliver its sentence on 18th February, 2016.

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

19 thoughts on “Court convicts businessman Magombo on ‘cashgate’ charges”

  1. Tan'gatan'ga says:

    An outsider cannot get paid by Government without collusion with a number of civil servants. Why are they not being tried together with the contractors. It is not enough to just say Ministry of so and so, but there were civil servants in there who made the payments possible because they also benefited from the paid money.

  2. Hens master says:

    Magomdo had a contract with ministry of Local government and it was duly signed by both parties. He got paid on the basis of that contract.

    Act. Who signed the contract on behalf of local government? Who approved certification of works or delivery of goods and services? Who approved payments? Why are you arresting all the civil servants? Selective justice or buntouchable big fish?

  3. Matako says:

    I think all casg gate criminals should go by the way of firing squad!! kill them all or cut off their hands and penises

  4. newton chione says:

    lock up all cashgaters and throw the keys in the toilet

  5. Kandapako says:

    De real benefiters r walking freely, no justice dere en de malpractice won’t stop in govt offices, if God really exist, justice wil be revealed 1dy.

  6. GRM says:

    All cashgaters will be jailed. However, after we lost more millions in trying them. No wonder mob justice is on the rise. Imagine we burn all cashgaters and confiscate their property and money? We will save millions we are losing through these trials when other innocent Malawians are rotting in jail due to lack of judges or money to try them

  7. Allan Magombo says:

    Will Magombo also say that it was Joyce Banda after being in prison for sometime? These Bedbugs are sucking blood of we Malawians…….

  8. Truck says:

    WE ARE TIRED OF THIS CASHGATE STORIES ITS TAKING AGES TO COME TO UN END JUST CONFISCATE HIS ALL HIS MONEY AND PROPERTIES AND PUT THAT MONEY IN GOVERNMENT AND LATER PUT HIM IN JAIL FOR LIFE

  9. Saiziyakana says:

    Most civil servants that were actually preparing the payments are missing from this group. Let us also focus on these shameless evil servants so that they get a bit of shame also when chasing the payments and getting government money for no reason. At the Ministry we know who connived with these guys but they are still enjoying and stealing more. WHY??? They behave untouchable.

  10. Vyantonda says:

    waiting for 577 to bring back the donors

  11. Rachel Mazombwe Zulu says:

    Kodi paja nthawi imeneyi Minister anali ndani? Komanso ma PS analipo ndani? Also arrest those who authorized the payments.

  12. Manga Fyoloto says:

    lts part of life. We are all thieves on earth

  13. MSANA WA PETURO says:

    Wages of sin.

  14. The Analyst says:

    O…………………………………………………………………………………………………………………………………………………………………………………………………..O
    Why is this man hiding his face? He is now ashamed? He wants to make us believe he is now touched by conscience of shame? What happened to this conscience when he was stealing the money? Hypocrite!

    “Th true test of a man’s character is what he does when he thinks that no one is watching.” – John Wooden

    There is no use hiding your face in shame, when you are just as shameless as a monkey that walks about naked.
    ……………………………………………………………………………………………………………………………………………………………………………………………………..
    Its quite a wonder why we people are such 5-star hypocrites!

    We are ashamed of what people (friends, neighbours, our pastors e.t.c) will say if we do this or that, yet we are not ashamed of the same, before God. We fear people more than we fear the Almighty.
    We only avoid evil for fear of being punished if caught; and if the probability of being caught is zero (in our calculations), we happily partake in it. Sad!

    Its important, however, to avoid evil not because we are afraid of being punished or facing the consequences, but because it’s wrong.

    Otherwise . . . As we sin, so do we suffer.
    O……………………………………………………………………………………………………………………………………………………………………………………………………..O

  15. BUSH GRANDPA says:

    SEIZE THEIR PROPERTIES
    AND SELL THEM
    INCLUDING THEIR BANK ACCOUNTS !!!

    WHY IS OUR GVT SO
    QUIET AND LENIENT
    ON SUCH ISSUES ????

    RECOVER THE MONIES QUICKLY
    AND BUY MAIZE & MEDICES
    FOR THE POOR PEOPLE
    PLEASE !!

    GOODAL GOODAL FOR WHAT ???

    THE MONEY IS WITH THESE THIEVES !!!

  16. eluby chikopa says:

    Eiiish! The number is getting bigger.

  17. Namila says:

    Take him down………………stairs!. Hehe hehe get it?

  18. Montana says:

    Magombo, dont hide your evil face. You know how many children and women have died in hosptials beause there is no panadol and biotic for fever and headache and chamimba? Ndiwe opusa akumange 30 years with hard labour.

  19. namayesa says:

    Take him Down…………….stairs!

Comments are closed.