Mutharika plans to keep K92 billion cashgate under wraps

Five month before the official report on the missing of K92 billion during the reign of Bingu wa Mutharika administration is out, President Peter Mutharika is already dismissing the loot as untrue.

President Mutharika: There is no such a things as K92 nillion cashgate

President Mutharika: There is no such a things as K92 nillion cashgate

In a recent interview with the state controlled MBC, Mutharika firmly dismissed the reports that the K92 billion went missing under the nose of his elder brother between 2009 and 2012.

“There is nothing like K92 billion, that is not true,” said the President.

The Auditor General told Malawi Parliament that it is investigating a staggering K557 billion that includes the K92 billion which went missing between 2009 and 2014.

Opposition MPs nearly rejected the national budget of 2015 and 2016 demanding a forensic audit report on the missing money.

Former president Bingu wa Mutharika is accused of amassing wealth in billions of kwacha during his term of office that ended tragically in 2012 when he died in office.

At the start of his office in 2009, he declared he had K150 million in wealth.

In May this year, a financial analysis report by audit and business advisory firm PricewaterhouseCoopers (PwC) established that about K577 billion in public funds could not be reconciled between 2009 and December 31, 2014.

In 2013, the shooting of former Ministry of Finance budget director Paul Mphwiyo led to revelations of the plunder of public resources at Capital Hill christened as ‘Cashgate’

Former president Joyce Banda ordered an audit which British forensic auditor, Baker Tilly, undertook between April and September 2013 and established that about K24 billion was siphoned from public coffers through dubious payments, inflated invoices and goods or services never rendered.

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43 thoughts on “Mutharika plans to keep K92 billion cashgate under wraps”

  1. patrick says:

    mbava izi muzakapsa kumoto wa gehena inu kubela amphawi

  2. patrick says:

    this makes me to believe in my self. When Dr Bakili Muluzi apointed the late Bingu as ayellow candidate ifor the first time ditched yellow for then NDA .ismelled this shit .ijust dont like these thugs

  3. Chigawaneni says:

    Yet the poor ordinary civil servant is forced into the so called Civil Service Reform Programme. Are these architects of the programme, reformed themselves or they want to reform now that they have done the did and have had enough? Amalawi ndiye tikuphulitsidwa njerwa zamoto ndi andalewa. Chosangalatsa nchakuti Mulungu akuwona zonsezi.

  4. not myname says:

    Kodi tiziti joyisi adalinazo nzeru zofuna kudziwa zoona zomwe anthu angalankhulepo zonena boma lake eti? koma pitala eee sangayelekeze kufufuza dala poti mwina atha kudzithilira yekha chitedze pogona.Akanakhala joyi zikanamuwawa mpaka akadati, ‘a zungu aja bweraninso tafufuzaninso apa ine sindifuna kundimveka chinyau ai, aliyense adziteteze yekha,kuli bwino azilankhula zina osati JBF ikathandiza aziti zachoka m boma.’ Pitala Vuto lako ndi chiyani?pepa pepa pita tamvako dandaulo la anthu iwe,kodi upolofesa wako ndiwaugonthi?

  5. Senior Chief Ngongoliwa says:

    JB is to blame for giving these thieves called DPP government on Silver Platter.She had all the chance to prevent it koma kunsava.When reports of suitcases filled with forex emerged after Bingu demise, instead of pursuing them she dismissed them as untrue.I know she did that on purpose that she would indulge in similar malpractice. See what her opponets did when her cashgate came to light-they pounced on it.She made more misstakes by picking Gwengwe as runningmate who has now deserted her.Had she pursued the DPP thieves ruthlessly including UDF’s Bakili Muluzi she would not be in self imposed exile now.Look at her she is afraid to live in her own country and running around like a headless Chicken.Zofuna izo.

  6. Zanga Phe Basi says:

    but your friend JB tried to let the audit take place though she knew pretty that she was part and parcel of the saga.

    whether u like it or not you guys stole our money after returning from wherever u went and came back with nothing tangible.

  7. The poor are never in the minds of these thieving politicians. Even the deputy speakers are in the spot light of katangale. What a country! We are in hell.

  8. shiro says:


  9. Bwampini says:

    APM has spoken like a real honest THIEF. Mathanyula reasoning! Kuti tenga ngati wana wobadwa dzulo! Shhhhupit

  10. angoni apaphata says:

    Wakula apa ndi uchitsilu. Audit imafulumika follow up. Tagwira ntchitotu ife mmbomamu mpaka pension. Mukunama chani apa ,

  11. maCopa says:

    Wake up Malawians its just the beginning of the trouble n empty promises of this stupid professor

  12. Trevor Manyi says:

    Bwampini mathanyula ndi 577 billion yake mbava

  13. freedom says:

    How much, how long does it take to complete the report. at this point in time for poor Malawi lets go step by step . let’s finish the fresh one which is PP as per tilly report and then we move on.we delay we will not be able to recover anything from these people be it pp.dpp.udf.mcp.lets move on even the current dpp it should be checked every projects and vote by vote. don’t dream about what should be done .checks and balance all the way through. dont dictate how you want it.let it flow. votes are with us and we are watching.

  14. Chilungamo chenicheni says:

    Uyu achoke basi.He has messed up Malawi with his tribalism and nepotism.His brother Bingu amassed 61 billion kwacha within a very short period of time out of blues without any tangible business and ended up building his Casablanca manor which he never even slept a wink.These Mutharikas are thieves.For how long will Malawi be led by thieves?We cant be deceived by tichimanga tagulwida Ku Zambia.We need 577 billion to accounted for.We don’t care whether from Muluzi to Pitala are locked up.These thieves hv brought Malawi to its knees.Wake up fellow Malawians.We shouldn’t be hoodwinked by some useless maize from Zambia to cover some cashgate issues.

  15. peter mshali ku salima says:

    thanks malawians for voting APM,time is near mudzanena lokoma dziko langa,thanks APM for trusting our mp by sustaining him in your cabinet jappie mtuwa mhango rumphi north constituency,mtharika administrations needs brind eye to understand it,the guys are highly educated,DPP WOYEEE.”after wining elections i wil open ndata unversity and nsanje world inland port”APM BOMA

  16. chefourpence says:

    he is planning? How? You wanted him to say it is there? Stupid! Until it is established that the money was stolen, then as of now , APM is right.

  17. Byron says:

    Mulamu Pelekani,do not be surprised,there is too much hatred in the country such that a good person like Lazarus Chakwera was not given a chance to become president and rule with sanity.Satan is controlling Malawi, and God-fearing leaders are the laughing stalk of haters and tribalists. How can a family that had a hand in killing innocent civilians during demonstrations and that put the people through untold miseries be given another chance to rule?

    Politics of tribalism has brought the country to its knees in terms of development and people’s welfare.Malawi would be far by now after Kamuzu’s legacy but alas! it’s a backward trend.As long as leaders are being elected On tribal or regional lines, there will be no progress,What we have been noticing is too much promising talk of reforms and development plans but such talk hasn’t been walked.1994 up to date we are still in a country that acts medieval and no love exists between tribes in order to elect leaders on merit.

    Make no mistake,I am not a proponent of some MCP ideologies but their leadership is worth looking at as a solution to the country’s perennial problems.Dr Lazarus Chakwera has qualities of a good leader who needs to be given a chance to goVern Malawi,but I am afraid tribal politics will elude him of that chance in 2019 because it’s the “devil’s factor”.

  18. peter mshali ku salima says:

    bravo APM,the cashgate under bingu,thanks for importing maize it has arrived in tons and tons,a nyasa times write gud things go and check,no cashgate in bingus veins

  19. jimbo says:

    APM speaks the truth for once. No, there isn’t K92 billion, but there is K577 billion to be accounted for. Mutharika will never sort out cashgate because he is implicated along with his deceased brother Bingu. He is totally corrupt and the donors know it. Of course he is not suffering along with his fellow countrymen during these times of hardship. He has his fat salary and his stolen billions to fall back on. In the picture above he is sitting shamelessly under the coat of arms of Malawi. When will the people stop complaining and DO something to rid the country of this useless president? As long as he is around things will only get worse for the already suffering population of this benighted country of Malawi.

  20. akusipikana says:

    Apa nkhani ndi yakuti kulibe K92b koma K577b. Wabvomeratu mzanu mwachuchuchu. Koma kumeneko!!! Malawians wake up now. He’s taking us for a ride because we just talk and no action. We should take Peter to task. He is a thief period. Opposition in parliament should stand up and do something. Osamangodya ma allowance. Ife Peter tatopa naye. ACHOKEEEEE.

  21. The real ujeni says:

    Hitler, uchisiru a Malawi basi, even at the stadium, you see a coffee table and flowers, village mentality. Ive never seen flowers and a coffee table at Wembley, Benabeu, Nou Camp etc

  22. Where did peter get the money he campained for? He bought the votes? Bingu is buried in a masoleum a very costly house where did money come from? Ask Kandondo knows. Bingu,s daughter is living in Europe l
    Seeking refuge and lying in Malawi they want to kill them. These children are living on stolen money. Bingu stole so much. House in Portugal and Austrialia. Abale mahona old people killing Malawian by stealing. I just hate Malawians gave another chance to this family. What is wrong with Malawians? Mwaona mukusauka.

    1. Manuel says:

      Peter and Bingu had btwn them abt 80 yrs of making money in diaspora as professor/pvt legal practitioner & international civil servant respectively. Do u still question how they earned their money?

  23. Hitler says:

    I don’t know, may be APM loves flowers so much. I think there are some occasions when flowers are not necessary at all.

  24. mphande Galazinyake says:

    Cardiac arrest may follow kkkkk

  25. Ine says:

    Akunama ngati? There is nothing like K92bn but K577bn.

  26. Nyirenda says:

    Ndalamazi zinanabedwa ndicholinga choti Peter adzachitire campaign. Malawians Tangoganizani, from 1994 to 2004 who were these two people (Bingu and Peter)? What assets did they have then? Today they are telling us that they are billionaires, my foot!!!!! Guys do you remember Bineth Minubuses.Did Bingu or Peter own even a house in Malawi? Mmmmmmmmm ayi ndithu.

  27. ganda says:


  28. Nazizwa says:

    Please our MPs emulate a good example of Julius Malema whose party demands vehemently without fear that Zuma pays back the money!! We need that in Malawi. Cruel Politicians should pay us back our money. Look at Gondwe who is telling Malawians to wait until next year. Is that FAIRE?

  29. Diphiphi says:

    As long as he delivers and not enrich the Queensland. Please British Ambassador do not report him to Teresa May and Cameron for investigations.

  30. Diphiphi says:

    What happened to Ntatas Lecture, did it happen at all? Where is he, wati ziii, kapena wasowa tu. Just wondering. Nyasa please update us, eyes are itching to read the updates. Ntataaaaaaaaaaa! Where are youuuuuuuu?

  31. Peter Mathanyux says:

    How can somebody whose own wife Getrude is a “NAC dependent” accept that a staggering K92 billion went down the drain?????

  32. benjones says:

    if the head of state is a liar what more can we expect from his government? we need revolution is Malawi the earlier the better. pepo wake up and stand for your right now today tomorrow will be to late.

  33. Maximus Decimus Meridius says:

    These people need to be shut in the head

  34. Chikopa says:

    Kodi simutiuza za survey inatuluka kuti jb is queen mother of cashgate koma akanakhala muthalika?

  35. nthandalanda says:

    Inu a Kamps kaya mukuti vamps, ndinu chitsiru chodzubibila chokha. JB die nor the mandate to siphon the money. She was locked up at Mudi. She couldn’t move. Just tell malawians where 577 billion went. Ndiwe opusa. Dziko choncho silingatukuke ndi mindset yako yopusayo. Stupid! Umadziwa m’mene misonkho imapwetekela?


  37. Myao says:


  38. Stupid says:

    Both jb and Bingu are thieves

  39. Gonyole says:

    Zandale nzovta izi, komabe ndikuona kuti anthufe timasankha molakwika coz we look @ education not talent/skill. the mutharika’s family is not well equiped to rule this country. Shame on my finger & my vote.

  40. Dr HenzieChemical Engineer says:

    Clueless president who stole MSB and give it to fellow mulhakho.

  41. Trevor Manyi says:

    577 BILLION! Pay back the money MBAVA

  42. kamps says:

    JB started it why did she fail to commence the case for 2 years?? If anything it involves JB coz she was vice president,she has to come and testify

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