PP brands DPP as ‘cashgate master-minders’ in Malawi

The ruling Democratic Progressive Party (DPP) led government has come under attack from former ruling People’s Party (PP) for lacking transparency in handling the latest audit report that reveals massive looting of billions of public resources.

Msonda:  DPP are the kingpins of cashgate

Msonda: DPP are the kingpins of cashgate

PricewaterhouseCoopers (PwC) cashbook reconstruction report on the missing billions during the DPP government under the leadership of late Bingu wa Mutharika.

Despite most government departments having internal audit functions, the PwC handed over a cashbook reconstruction report that revealed most departments, including the Reserve Bank of Malawi (RBM), that could not supply the auditors with necessary documents for the expenditure transaction totalling K577 billion (US$1.3 billion).

P Spokesperson Ken Msonda branded the DPP as a corrupt government led by politicians who puts personal interest first at the expense of national good.

“DPP is a masterminder of cashgate in Malawi and now there is this K92 billion cash gate report which they want to shield, so we are calling on all Malawians that issues of national importance, issues of national concern we should not politicize,” said Msonda.

Msonda said the cashgate has DPP top brass as perpetrators of the looting.

“We know that some of the senior people who have been walking tall like angels are devils in a sheep skin for their involvement in cashgate, those who were even making noise during our time were actually involved and Malawians are looking forward to have their names mentioned in the K92 billion report.” he said.

Msonda added that time has come that voices from all sectors should come together to speak out against government’s secrecy of the audit report adding that government is obliged to be accountable to citizens than hiding the truth.

“We are calling upon all stakeholders like the civil society, Public Affairs Committee and all Malawians of good will to join forces in demanding justice about this report to be released in its totality to Malawians”, explained Msonda.

PwC continued from where British auditor Baker Tilly, who uncovered traces of cashgate, left.

‘Cashgate’ denotes the systematic skimming of millions of dollars of money from the government payment system.

Following the Cashgate revelations, donors withdrew aid and Malawi has been operating on a zero-aid budget, a situation that has caused misery to Malawians economically.

Follow and Subscribe Nyasa TV :

Please share this Article if you like Email This Post Email This Post

More From the World

newest oldest most voted
Notify of

Kodi Msondayu ndimunthuu kapena ndi one of animals of Chiweta? Tamuyang’anitsitsani pa picturepa guys. Kapena anachita kuthawa ku mental hospital?


That is why many Malawians in the diaspora are not willing to come back home because coz it almost like going back to zoo

Concerned citizen

Sh!Sh!Hypocrite! For how long do u think shall u cheat all Malawians? TAKE NOTE (Hebrews 4 v 13),There is no a creation that is not manifest to sight of GOD, but all things(including you Msonda)are naked and openly exposed to His eyes.Today you think you are fooling INNOCENT Malawians, but tomorrow truth shall prevail. Mwavala chikopa cha nkhosa yet mkati ndi fisi wakuba misonkho ya magogo who are physically challenge.Mulibe nazo chifundo ndi manyazi ndale zanu zopusazi. What sort of well-chained-trained-thieves Malawi politics have,like trained police dogs without senses of humanity and integrity? ONLY GOD will judge.

Analisti Wamkulu
Some of us worked with Bingu wa Mutharika at the Reserve Bank of Malawi when his six pounds thief friend Bakili Muluzi gave him a job of a Deputy governor.The man had nothing when he fired at Comesa and came at the RBM.The moment he joined politics he became an overnight billionaire within a period of 8 yrs with no any tangible business to show.He even called his brother from where he was labouring in some sleepy Missouri in USA to join politics to make easy money since most of its citizen were sleepy.They only know to talk in some… Read more »
mnyamata oyikonda nyasatimes
I shud believe that subjective comments wont take us anywhere. some of u comment with a hidden agenda; buying favours, but not this time!. Why dd bingu fail to develop ndata farm n build that k15bn house with his k150 mln assets he declared? he didnt have money but stole our money for personal gains. APM has extended his USA house while in office as president why now not then? he has stolen n is still stealing our money. bingu gave targets to MRA n road traffick kuti atibere money wambiri. Msonda is right during 2014 campaign DPP were all… Read more »

politics!! politics!! The truth is gate cash was started by Bakil improved by Bingu and made bare by Joyce. Tiyeni timpase mayi point imoza basi chifukwa chachimene ichi.

Tsimukanaziwa izi. a mphwiyoy anayamba ndi Muluzi perfected during the bingu era and got exposed during the Joyce era.

Enanu mungotwukwana za zii!!!!!!!!!!.


Where are national auditors? Will we trust private auditors? Shame to Malawi. How would we expect donors if corruption is very high in Malawi


If people looted MK577 billion and Bingu did not know then he was the biggest idiot ever existed as président. I am qualifying the sentiments that DPP are Indeed the God fathers of cash gate in Malawi. You have been exposés and you have no where to run.



Our beautiful land of Malawi has been badly soiled by selfish individuals in government departments, supported by equally unpatriotic political masters who have closed their eyes while causing economic mehem to this poor country. There was total displine( may be fear) in the civil service under Kamuzu. UDF invented cashgate which was perfected under DPP when IFMIS was introduced and was unearthed during PP but it is being dodged and probably being nursed in the current DPP administration. The issues surrounding this disgraceful act seem not to be acted upon with the vigour they deserve by those in authority to… Read more »

More From Nyasatimes