Retrieved data exposes culprits in Malawi cash-gate scandal
Data retrieved from offshore computer servers has eased the work of investigators into the unfolding case of financial abuse at Capital Hill because they have details of the culprits and all the scheming that led to loss of public money.
With that data in hand local and foreign experts, jointly overhauling the Integrated Financial Management System currently suspended, have identified fraudulent transactions that were made and then deleted to leave behind no trace.
The retrieved information gives details of the persons involved in the facilitation of the transaction, the amounts involved and the beneficiaries. This information has been passed on to the law enforcement agencies to analyse and come up with a firm basis for further action.
On some of the transactions, the Anti-corruption Bureau has already filed charges in the Magistrate Courts. The processes will be on-going as further revelations come to the fore.
This is the information that President Joyce Banda gave to leaders of political parties in Malawi at Kamuzu Palace in Lilongwe on Thursday where she updated them on the actions that government is taking in order to address the weakness in the Public Financial Management (PFM).
“As a result, Government has been able to identify suspicious transactions and are being investigated,” she said.
The meeting attracted a wide range of representation from both the government and opposition side.
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