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Tittle tattle
8 years ago

A first thing first, why is MSB in this wrangle with MBHL? We all know that even great economies have their local entrepreneurs borrow money from their banks and enjoy their governments’ full support provided they pay back. The thing is why Mulli failed to pay back the loan? Was it a long term plan for PP to have this company in situation where it is now? Bingu assisted Mulli because from his economic wide experience he knew what local companies can do to our country-I really miss the guy. The real problem came in when JB dared World Bank’s… Read more »

kenkkk
kenkkk
8 years ago
Reply to  Tittle tattle

Dpp,mulli thieves. Risks are part of business, mulli took the risks and they should pay. No excuse whatsoever and no blaming others but Mulli themselves.

Be Honest
8 years ago

Interesting is it now that Mulli is pointing fingers at late BINGU and yet soon after Bingu’s death he went on TVM telling all Malawians that late Bingu had no shares what so ever in MBL. Does it mean this guy relies on politicians to trade his businesses or is he looking for a scape goat or was he trying to win JB’s heart? No wonder JB knew this fanatic and kick him out for she knew what he was up to. Or is it usual business at Nyasa Times to throw in Bingu so that your wish of not… Read more »

kholowa mkabudula
kholowa mkabudula
8 years ago

The problem is with us pipo,we give these politicians too much power that they feel they are untouchable. Be honest enough who can refuse such directive from african presidents? Bonongwe shouldn’t be even asked this nonsense as if you pipo don’t know about this,it would be you the same pipo who could even bit him for not obeying the president.This is the party that you chose,mukumva mtedza simunati. The poor becoming poorer and the stingy poor politicians becoming as rich as bill gates in only one year,the poor dying caz cant get even aspirin in gvt hospitals while the rich… Read more »

MTELEZI
8 years ago

AMALAWI KUYIWALA MSANGA, mUNGACHOTSE MBAVA M’BOMA NDIKULOWETSANSO MBAVA? SORRY I CRY FOR MY BELOVED COUNTRY MALAWI. KUVOTA KUYANG’ANA MTUNDU. FEDERATION MUST COME AND GIVE US INTERNAL PEACE ALOMWE ABELANE OKHAOKHA BASI.

The Patriot
The Patriot
8 years ago

Now that we know who authorized Mulli to rape MSB what we gonna do with it? Shame on the Mutharika and Mulli families, ndithudi kudzikonda mpaka kuononga Bank yathu tonse a Malawi kuti inu mulemele? Mulhako ukamva ukuti bwanji pamenepa???

James Phiri
James Phiri
8 years ago

Why sell off the bank and write off the loans. the Bingu estate and the Mulli Borthers both have assets that can cover the K4 billion. Bonongwe should be going to the courts demanding that the assets of those that owe the bank money be sold to repay the loans.
The parastatals should be freed from political interference – make them public companies with proper regulations and regulatory boards so that these companies can be run for the benefit of all Malawians.

mwahana
8 years ago

Our youths are failing to get jobs because moneys that could have been used creating jobs are being pocketed by few selfish politicians and their cohorts. To add salt to the wound they are being arrogant to the suffering populace!!!!!!!!!

This Is Malawi.
This Is Malawi.
8 years ago

Can I have a directed loan please!

Manyetera
Manyetera
8 years ago

The cashgate party is back in office. Sad

Nyapapi
Nyapapi
8 years ago

Bonongwe should be fired for lack of professionalism and arrested for aiding/participating in defrauding MSB through fake loans.

He cant cite political pressure, he is a professional banker and was expected to act as such. If he felt anything wrong in the way the loans were handled he should have resigned.

In summary he is one of the thieves!

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