Email a copy of 'Malawi Savings Bank sale 'blocked by injunction'' to a friend
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Email a copy of 'Malawi Savings Bank sale 'blocked by injunction'' to a friend
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Minister of Health Dr Jean Kalirani has explained that government will introduce paying fees in all its public hospitals to...
i see drama unfolding which has put peabrain goodall in a fix, nanunsotu a goodall you will be cardiac arrested za zii ngati izi. lets see how they will behave with contempt of court issues if they sale the bank. ukalembenso kawiri grafitti yako ku cell. kukula mtima, iwe ungamamvere wapona kita? bonongwe send sheriffs anthu athamange patawuni mulli amete ndevu basi. MSB staff leak people and amounts owed.
Osangogulitsa ma share kwa amalawi eni dzikolino bwanji? Anthufe ndife opusadi eti? Kugulitsa china chilichonse kwa atsamunda basi?
Let the parliament’s decision respected. The 4 billion can be obtained from the selling of ivory that is planned to be burnt by the government. After the bank deal what will be the next target? Dzikoli saligulitsa koma? Food for thought for all patriotic citizens
I don’t think it’s logical to smear mud at Thom and FDH. That man is a hard worker and he deserves what he has. the problem is the executive which wants to sell MSB in a
rush even when MPs and the majority of Malawians are against the idea. there is something sinister with the government. FDH is just a buyer.
MSB will eventually be sold to FDH; but this will not be the end of the matter. When a new government comes in 2019 or 2024 this issue will be revived. Biilionnaires who thought they could easily get their grubby fingers on a national asset will spend some time in jail. We must never forget how long it took before Sam Mpasu faced justice for Fieldyork…
DPP gurus did not learn any lessons from the two years they were out of power…power can be snuffed out in an instant.
If some of you guys think K4.9 billion is thieving, why didn’t you make a counter offer? It was a public sale and there was a reserved price and the buyers fulfilled all the requirements. And you are busy blabbing, change the law first.
Shut up, Banda. Why does anyone want to sell MSB? Where is air Malawi, where is the her, where is stagecoach, where is MDC, where is b & c, where is viply… Let’s us be patriotic and use economics to better our society not just a few selfish selves. Tell me what we will benefit by selling MSB. If MSB has debts and liquidity problems it’s because a wrong man is at the driving wheel and unserviceable loans guaranteed by government or otherwise owed by powerful people in government or with strong political connections. This bank must not be sold.… Read more »
The problem with Thom kuba anayamba kale with Zimbabwe saga and this man is also governor of RBM so that he controls even the president and leaving Malawians in totally poor and only the Thoms thinks are intelligent in the country
but time will come for FDH to vomit and not using the normal usual outlet.rather the other way round.
Do you know that top management bought a fleet of top of the range motor vehicles like fortuner etc and sold them among themselves at MK1m each. Those poshy cars you see at MSB head office were sold to senior staff at MK1million each and they obtained injunctions to continue asset striping.
Comment: DR WHITE, u are a lier. ln ur comment u say the civil service managers at MSB can not steer the bank into success? ls it the so-called MSB managers who got the debt of 5 billion from the bank ? ls not the Muli and others?
This bank should not be sold at all cost. lt is a statutory body and not a private company.
Let the bank be sold, period! Malawians by nature are jealous of seeing a black man prospering. If it had been us whites buying you would be clapping hands. The sale of this bank was advertised, why didn’t you or the said employees buy it? It will not be the first bank to be sold. Commercial Bank was sold and is now a prosperous Standard Bank. The lazy civil service-like managers at MSB cannot steer that bank to success. They have failed. FDH, Ecobank and FMB are growing fast because of visionary leadership. By the way INDEbank is also being… Read more »
The bone of contention is not to sale or not to sale. I for one am of the view that MSB should actually be sold. However, the offering price of the bank is what is raising a lot of eyebrows. If you look clearly, you will note that government is acting in some haste to meet some RBM deadline when this date was known way back. The interests of everyone concerned should be considered; employees of MBS inclusive.