Looter-pool!  Rise and fall of Malawi cashgater-in-chief

Chief cashgate suspect and businessman, Oswald Lutepo, does not cease to amaze. On Friday, November 21, he spoke to Zodiak Broadcasting Station from his alleged ‘hiding’ place. As expected, Mr. Lutepo subjected Malawians to his now familiar narrative about cashgate and the people that he thinks must be involved.

Lutepo:   Malawi chief cashgater who has accepted wrong doing

Lutepo: Malawi chief cashgater who has accepted wrong doing

This time round, his victim is former Head of State, Joyce Banda. Lutepo alleged that he was engaged by the former President to siphon huge sums of money from Capital. The loot was duly ‘surrendered’ to the former president every time it materialized. Lutepo claimed he is not at peace and that he is now a poor man, having been arrested and tried in courts for what he did, on behalf of others.

He went on to apologize to President Peter Mutharika for making his job difficult (donors have withheld their funds because of cashgate).

Many people may now have lost count of how many times Mr. Lutepo has come out in the open to ‘tell the truth’ about cashgate and the role he played to find himself with K1.2 billion in loose money without rendering any service to government.

Every time Mr. Lutepo’s ‘truth’ always comes out differently and often contradicting the first ‘truth’. In fact, the courts recognized this fact and rained in on him  over  charges of telling too many ‘truths’ that contradict each other under oath—a crime dutifully christened ‘perjury’ in legalese.

Lutepo is again dwelling on falsehood when he claims his companies, including the International Procurement Services (IPS), were being used or abused by the former President to siphon money from government because a University of Malawi graduate, successful businessman of many years and politician of his caliber cannot just accept to be used blindly like a toddler.

He registered the companies that are embroiled in cashgate scandal. Lutepo has run them for a long, long time, dating to the era of the late President Bingu wa Mutharika and his Democratic Progressive Party (DPP).

His is an enterprising individual who started doing business way back. He is the owner of Naming’omba Tea Estates in Thyolo, a very large commercial agricultural concern that employs a lot of people. At the time he was buying Naming’omba Tea Estate, it was worthy a cool K2 billion. This was way before the PP government under Joyce Banda came to power.

Lutepo was also a member of the consortium of Malawians that offered and nearly bought the liquidated Air Malawi before Ethiopian Airlines snapped it up.

He is obviously a rich man.  Lutepo is therefore a man who cannot claim to be poor before or after his cashgate escapades of 2013. He cannot claim that the cashgate money was the only real money to ever cross his fingers.

He is thus telling another lie (or is it truth?) when he says he is poor, in hiding, and that his workers have lost their livelihood and are now unemployed because of what he did.

It is all part of a carefully concocted theatrics meant to hoodwink the DPP government to let him off the hook. Lutepo is an opportunist whose history of business and riches is littered with dubious dealings and not-so-straight-forward practices. Lutepo shrives on bad-mouthing business compatriots and his companies have always been on the wrong side of the law for tax related crimes.

Lutepo joined the People’s Party not for the love of the party. His interest was primarily to safeguard his huge business interests. He was looking for favours and protection when he does it wrong, as he usually does.

His lies and half–truths are therefore not coming as a surprise. It is something that is spread in his blood like an HIV virus, and ready to devour its unsuspecting victim. He has already shown that he is an invertebrate without spine. He can sing and blab, like a bird at every push.

It is clearer now that he has chosen his place and role in this whole cashgate affair—that is to be a pawn that panders to the highest bidder.

He has allowed himself to be used as a lap dog by the DPP in order to deal with Joyce Banda and the leadership of the previous government. It is an open and shut case.

  • Hastings Kandoje is a social-political commentators based in Lilongwe and a columnist on Nyasa Times. All views expressed in this article are those of the author and do not necessarily represent the views of, and should not be attributed to, Nyasa Times.
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Mhango
Guest

Eish!,this is abig guy lets all agree, there is no way he can go to prison,he is got that money and politically well connected,we’ve all seen it,he is now being used for political gains, Hmmm,in 21st century there is law for rich and law for poor, really money buys freedom of choice.

Nic
Guest

Moderator:

Why do you allow comments where people are calling each other names and exchanging all kinds of insults. Your site has got to be one of the very few that allows such postings!

matt
Guest

Lutepo is a1 fool today.Here is a man who accorded VVIP at our airport on his return to answer his case.Malawians take or leave it.the man has vital information on cash gate.Lets pray he not commit suicide.amen

ambele
Guest

Oswald of OSK Freight ndi mbala and amadziwa kupanga madilu zedi. Moti DPP, apolice, MRA, ma Judge ngati saonedwa bwino alowamo. MRA yadya naye ameneyu kwambili
when he was clearing for Iponga Shops just like Elvis Freight and a MRA achilungamo
anatseka makampani amenewa chifukwa cha madilo. Koma Lutepo anatsegula ina zodabwitsa kuti Elvis ija yomwe milandu ndi MRA ili mbwee yatsegulidwanso. Kuzionetsetsa zinthuzi palibe chilungamo, Mulungu awayendele anthu amenewa kapena awaitane kuli Iyeko

christian
Guest
Yess he is arich man kuyambira the day God gave him life, but why are u taking one side of the story Why is the imformation of donating 22 cars+t-shirts etc are missing here to som paties , in late DPP adnm was he amember like he was in PP? If in zodiak intervew he metoined bingu as you put t, mukanati ndiosakhulupirika?, ok JB is metioned by lutepo, u r metioning DPP should we say both of u are fools? If u say lutepo is alia, why do u lie to ur God/ wife/family/ freinds/evn the nation about somethings… Read more »
collins
Guest

We r not interested in ur calling someone a fool for his opinion this could make us believe u r one and the worst.

mbuje
Guest
Chelutepo apa mutu wazungulira sakudziwa choti anganene.Lero zina mawa zina .Poyamba anaukana mulandu wacashgate lero wauvomera koma momupaka dothi munthu wina.Chodabwitsa ndichoti yemwe akumutchulayo kuti ndi amene anapindula kwambiri ndi cashgate ndiamene anamumanga mkuluyu.Panopa milanduyi ikungopitilizidwa kuchokera kuboma lapitalo .Chiyambireni tawonapo kumangiwa kwa Victor Sithole ,Triza Senzani kodi tinene kuti nawonso amatumidwa ndi JB? Chelutepo what goes around comes around.Nanga kuzemba misonkhokunso amakutumani ndi a President? Lutepo is just a Big Fool if indeed he was used.But if he was being used then he must have been the one who benefited so much for he so the goodness of doing… Read more »
jimm juma
Guest
MORE FIRE LUTEPO TIMADABWA IFE ALUTEPO ANASAMBA PATI ADZINGOLANDILA NDALAMA OSAGWILA NTCHITO .KUTENGA NDALAMA NDI KU ARMY KOMWE.TIMADABWA KUTI AMAWAGONETSA TULO MABWANA KUTHAMANGITSA MA PAYMENT OTI SAKUWADZIWA.ZIKOMO TAMUDZIWA MBAVA . MUCHILE MWANSANGA TIDZIWE ZOONA, A LUTEPO MUKANAKHALA WAMISALA MUKANATCHULA MSONDA KAPENA MWANYONGO .AMENE MWATCHULAYO ANALIUZA DZIKO KALE KUTI IYE AMALANDILA SAMABA KUCHENJELA AMAYI POMPO MULUNGU KUWAONETSA KUPUSA KUTI MAWA A LUTEPO AKAWULULA MONGA ZICHITIKILAMU DZIKO LISADABWE. AMAYI JB MUSANKANE LUTEPO MULI NDI ARGUMENT YA BWINO WOLANDILA SIOKUBA KAPLEKENI ARGUMENT KU COURT MUKAWINA NANENSO NDIKATENGA SCREEN YANGA ANADIPASA MBALE WANGA YOKUBA. A MALAWI ANZANGA TIYENI TIKONDE DZIKO LATHU MUSATAYE NTHAWI KUIKILA… Read more »
jimm juma
Guest

MORE FIRE LUTEPO TIMADABWA IFE ALUTEPO ANASAMBA PATI ADZINGOLANDILA NDALAMA OSAGWILA NTCHITO .KUTENGA NDALAMA NDI KU ARMY KOMWE.TIMADABWA KUTI AMAWAGONETSA TULO MABWANA KUTHAMANGITSA MA PAYMENT OTI SAKUWADZIWA.ZIKOMO TAMUDZIWA MBAVA . MUCHILE MWANSANGA TIDZIWE ZOONA, A LUTEPO MUKANAKHALA WAMISALA MUKANATCHULA MSONDA KAPENA MWANYONGO .

Fwetseke
Guest

“Ndikumuziwa amene anaombera mphwiyo”

foot-soldier
Guest

If you find it difficult to believe Lutepo try believing joyce banda’s unsolicited reaction “wolandira ndalama zoba alibe mlandu”!!!

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