Rise of HTD Limited: Malawi ruling parties best ‘well-wishers’

Motor vehicle dealers HTD Limited continue to rise in their business endeavours in Malawi with the company being reputed as the best “well-wishers” of every ruling party.

Before Peter Mutharika  government, HTD danced in glory with the Joyce Banda's PP government as good "well-wishers" as seen in this file photo

Before Peter Mutharika government, HTD danced in glory with the Joyce Banda’s PP government as good “well-wishers” as seen in this file photo

New favours: HTD donating the vehicle to First Lady

New favours: HTD donating the vehicle to First Lady

HTD boss (right) with President Mutharika at the launch of Abdul Majid Motor City

HTD boss (right) with President Mutharika at the launch of Abdul Majid Motor City

HTD Limited is a private local Limited Liability Company incorporated in Malawi in 1993 .

The company has been making political donations to the former president late Bingu wa Mutharika regime and went to be key “well-wishers” of the Joyce Banda administration bankrolling the People’s Party and continues their “generosity” in support of  the current Peter Mutharika government. They have recently donated  a vehicle to First Lady Gertrude Mutharika’s Beautify Malawi Trust.

They failed to do business with  founding president Kamuzu Banda who chased them but we’re given lease of business life during Bakili Muluzi presidency.

They are also new Land Rover franchise dealer  for Malawi a reliable brand which is essential for the transport sector especially in the rural areas.

“HTD knows where bread is buttered. During the Joyce Banda reign, they gave her a KIA pickup as a donation and what followed was government buying KIA vehicles for some of its senior officials. They have donated to First Lady Mutharika and expect more government depuartment to buy from HTD.  Toyota made a donation of  an ambulance to ministry of health, why can’t HTD emulate that example? Corruption at its best,” noted one commenting on Nyasa Times article.

The distributors of Kia motors in Malawi were among the companies under  probe by the Financial Intelligence Unit (FIU), with the help of the Reserve Bank of Malawi (RBM), as Treasury paid out a sum of money estimated at K600 million (about $1.5m.)

Meanwhile, law enforcing agency fear them because of their connection to the power that be and they enjoy “untroubled” status.

In an article which was posted on Nyasa Times, Ahmed Dassu, the UK based democracy campaigner and a businessman of some substance said: “The K600 million is just the surface. At the outset let me say that 99 per cent of the Asians in Malawi are law abiding, but that it is less than 10 individuals among them, who  are responsible for holding Malawi’s hard fought democracy, hostage to their corruption and bribery.

“The same individuals are to be held accountable for the $150 million or more worth of assets that  Bingu wa Mutharika corruptly accumulated.”

He said  Asians who continue to receive major government contracts know which hands to grease “in the process banking their ill gotten money or owning properties and businesses in Johannesburg, Dubai, London, even as far as Australia and Canada. And these stolen billions are lost to Malawi’s economy forever to serve to develop other countries.”

Dassu said these business people and the others find “ready hands” to collect their bribes and facilitate their corrupt practices.

“Yes there are too indigenous Malawians who too looted the country’s Treasury. But the Asians have had the lion’s share of the looting. They can give political donations from corruptly acquired money  and bring into power anybody they want for now Malawi’s democracy is prisoner to which politicians or political party has the most money to fund its campaign.”

But President Peter Mutharika commended  the Abdul Majid Aboobakar family which owns HTD for showing a sense of patriotism when he opened Abdul Majid Motor City at at Ginnery Corner in the commercial capital Blantyre .

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32 thoughts on “Rise of HTD Limited: Malawi ruling parties best ‘well-wishers’”

  1. Fathi Alshab says:

    surely gead of stste vring at a showroom cekemony us cgesp..galimoti zooangidwa jeina kunrne anthu akugwira ntchito… kueanyengrreka na Vip tinatrabspirt slliesnce abd brown envrlops ndiye poti sakary xikuchedwa ku golandurs vsdi…mpaja nado osaeobs cgajsrrs chifukwa mtima uli spo chewye chingagee na adabwa kuti beam yomery yadxuludxuloyi…
    koms ndiye xilipo tisingsira isati kusiona konkha ayi…resl shit! oops!

  2. Mwenye says:

    Do you see HTD and Asians as the most corrupt in Malawi now? Why say Asians are corrupt most corrupt? Who among the people who were stealing our money at Capital Hill is Asian? Lets discuss real issues like getting our lake back and the ailing economy which is failing to recover and not pointing fingers at each other. May Allah have mercy with all who make unreasonable accusations.

  3. abiti says:

    i knw these guys they are very corrupt indeed, you buy from them, envelopes will follow the whole line of management. so corrupt amwenyes

  4. Kika Kanawe says:

    Asians and politicians are dogs and foxes with rabies!Shame on them.

  5. Mwenye says:

    Dziko ndi wanu ndalama ndi wathu… If. No i Asians the. No employment no development…. Why always Asians..

  6. Matako says:

    The fish rots from the head down. It is a well known fact that HTD organization has been greasing politicians palms and getting lucrative government contracts in return. Their vehicles are over priced deliberately so they can turn around and contribute the excess back to their whore masters in the name of good-will or well-wishers Concerned citizens should not condone such behaviour. This is what we should cut off the cancer at the chuff. These are the businesses that needs to go up on fire due to corruption. The president and his cronies are sanctioning corruption in this country. I do hope the donors know about what is going on. As Malawians we must be diligent in reporting these thieves to the donors and all the organizations that matter.

  7. hahahah says:

    DONATING A CAR….inu ndi ine tikalandira donation ndi mabulangete….eeeeee dziko lokondera

  8. Kenkkk says:

    ACB, Mra and dpp govt open your deliberately closed eyes and stop being corrupted by these Asians.

    If they are taxed properly, we could solve over 50% of our forex problems and significantly help our budgets or some national projects.

    So please start investigating the Asian cashgate which is more massive than our own cashgates. Be serious and punish these tax cheaters and thieves of forex!! They drain the country!!

    Stop the so called well wishers as the dpp govt is fond of calling these Asians thieves who corrupt them with money!!! And fund their party or any govt of the day!!!

    They also despise and mistreat malawians any how they want because they know they are bed fellows with the govt!!!

    So please ACB , Mra and govt start action against these Asians so that we can resolve any budgetary problems thAt we are facing now. Close these loopholes!!

  9. chingolopiyo says:

    The News reporter, just to inform you that HTD was there during Kamuzu era. HTD was at Ginnery Corner, opposite Universal Industries. It was run by the Halls Holdings and HTD was Halls Truck Division where trucks were sold like Hino. HTD has changed its name after Halls Holdings sold it out.

  10. Abambo says:

    This started with a Chair. Government departments bought alot of KIA and Iveco trucks from these guys and in turn UDF received KIA Preggio minibuses.
    HTD gives raw deal to its customers it terms or servicing the vehicles. They are failing to offer backup services for Iveco and KIA trucks. Whenever a truck is in the garage it stays for weeks waiting for a sparepart to be imported from South africa (even air cleaners)

  11. kumwembe says:

    Be careful with what you see, because what you see is what you think, and what you think is what you do, Nde poti maso samadya komabe mapenya penya adapenya matako a njoka….kkkkkkk

  12. Mwenye wina says:

    Kamuzu deported these guys in the 80s for bribing central government stores officials. they were given 48 hours to leave Malawi. I know of people who safely helped these crooks stash away millions of kwachas and dollars as they were leaving the country…

  13. karim says:

    Can auditors please check the company Reindeer Associates in Hong Kong

    Funds were paid into personal accounts within Habib Bank there

    If Nyasa wants some papers, please email me

  14. Chakwanuleka says:

    APM zomwe angathe ndi kudula ma ribbon basi

  15. Blaster says:

    Amalawi kukonda kulimbana za ziii. Why should an investor who has constructed a beautiful and modern building in BT and owns successful KIA franchise not compliment govt efforts. Zanu izo. Muzaziona mukazalemela.

  16. Palikanthu says:

    It is a public secret that majority Asians do not pay tax and keep inviting their relatives into Malawi without regard to the immigration laws of Malawi aided by greedy myopic indegenous Malawians. If ACB does not uproot this spirit of kickbacks that is so widely practised, especially by Asians, then zero aid budget is doomed. ACB bite where it matters so MRA can harvest Asian taxes. Why should all money earned by Asians in Mw be banked outside the country? why are they allowed to own forex bureaus? why are vendors exchanging money openly doing so in the Game Complex and no investigations done? Who is behind the externalizing of Malawi money? ACB Close all the CASH LEAKING taps; we TAX PAYERS are tired of being squeezed; when real culprits are given red carpet to milk Mw dry OF ALL THE CASH!

  17. Jabulosi says:

    ONE DAY THIS COUNTRY WILL RISE UP AND CLAIM BACK ITS WORTH!!!! MARK MY WORDS!!!

  18. Dr. Godfrey Mvuma says:

    Kamuzu was right. Let me tell you Malawians. Ugandans will tell you that if Idi Amin as President of Uganda did one (1) GOOD thing is how he Handled these kind of people, who are bent onto no good but loot the financial resources of any country that nicely hoists them. Wake-up Malawians. I am not a Racist but this is a plain truth.

  19. Bitolo says:

    These asians continue to steal from our country ia their stupid corrupt methods, i pity this country we still going though the vicious circle now and then, pathetic ndithu, no leader has dared these indians of their stupid tricks,!!!! malawi sazatheka koma!!!!!!!!!!!!!

  20. osuma says:

    ameneyo ndiye mwenye nanga a Malawi lawo ndi kaduka ndinsanje monga momwe tiimbira nyimbo yaphuko lathu. Ife a Malawi kudzikonda kwabasi, mwenye amaionera patali osati m’Malawi akangopeza K100 koma kukasino kukamwaza. Asians mind their business Malawi wake up!

  21. Peter Gayes says:

    Malawi is a good coutry,koma amwenyewa corruption too much.Akupeleka ma galimoto koma antchito awo akuwalipira ndalama zochepa.

  22. mussa says:

    When you say chased? What do you mean !!!!

  23. loveness says:

    WHATEVER SAID IN THE ARTICLE IS TRUE HOW COME THESE FEW ASIANS ARE SO RICH ASK THEM WHAT BUSINESS THEY ARE ARE DOING TO MAKE SUCH HUGE AMOUNT F MONEY THEY ARE SELLING RADIOS OR CHITENJE OR THE SO CALLED VENDOR ITEMS. ONE WONDERS HOW YOU CAN BECOME FILTHY RICH? THEY HAVE BILLIONS IN THEIR ACCOUNTS OUTSIDE THE COUNTRY AND PROPERTIES IN MAJOR COUNTRIES. ON THE OTHER HAND NOT ONE IS MENTIONED IN THE FORENSIC AUDIT? THEY CLAIM THEY THEY ARE THE BACKBONE FOR MALAWI ECOMONY AND WITHOUT THEM MALAWI IS NOTHING SHOULD WE BELIEVE THIS TO BE TRUE. WE HAVE ALWAYS SEEN THE GOVERNMENT IN POWER’S ASSOCIATION WITH THEM THE HAVE A SPECIAL OFFICE IN LIMBE WHERE THEY ALL MEET TO MAKE PLANS HOW TO DRAIN THE COUNTRY.

  24. Patriot says:

    Koma pofunika kuunikapo bwino bwino pamenepa.
    Well wishing and Corruption is the SAME, no difference.
    ACB ichitepo kanthu ndithu.

  25. Juss says:

    Gey you old man. Look at our handsome president. Look atbhis way of dressing.

    Wango vala suit this indian ngati wavala unyauo

  26. Mocha says:

    There is no hope. Accept it. Even the heavens have given up on us

    1. Maria says:

      umbuli eti? newly launched company?
      their new building was launched but they have been conduction business as HTD for 20 years! As for business in general they have been in the country since the late 1800’s.
      nkona a malawi muzafa ndi umphawi. anzanu akachita bwino mumangoti corrption olo za satanic. these people can afford to give out donations because they are Muslims. it is their way of life. they bank with none moslem banks who give interest on money banked but in their religion, they are not allowed to earn interest so they give it to charity. ka 1.5 tonne apeleka ku beam is only K11 million. a drop in the ocean for them. inu ndi ma billion anu a cashgate mwathandiza ndani?

  27. Nachipanti says:

    Asians are the ones killing this country as well. Starting with the food they give us in their restaurants. Most of their foo is recycled over and over. It even goes bad but they recycle it till they give it to someone to eat. I have personally known several eating places in Blantyre and Lilongwe owned by Asians where their chicken, no matter how it looks on the outside but is recycled.
    In terms of our economic situation, Asians have also contributed to the surge. They deliberately register losses inorder to evade tax. The government is watching all this. Instead we just say diplomatic relationships are cool yet these same fools are killing our economy.
    We need to empower our own to do business and chase these asians whoi claim to be Malawians. They say they are Malawians yet when they make their money, they send it to where they come from. They call their children and relatives from USA, UK etc to come here and as a group they leave for India etc with each one carrying loads of money claiming to be for shopping. Malawi wake up.
    HTD should not be undermined. Kamuzu had foreseen what asisans do and he did what was right. Our kwacha was 1 to 1 with Pound Sterling in 1991 because there was government control.
    Today we are getting closer to 1 to 1000 with Pound sterling .

    We need to stop begging and borrow a leaf from countries that are doing well and replicate such ideas to Malawi. Take Kenya for example: They do not need donors or foreigners to run the show. Take Tanzania for example: They encourage buy Tanzania products so that money remain in the country.
    Koma ife tikufuna tidzidya dzophika amwenye ngati ife sitingathe kuphika. Tidzigula magalimoto kwa mwenye ngati ku tilibe ma company athu achi Malawi.

    I will have to see who is in the board of this Newly launched company otherwise as true Malawians, we need not trust these folks. The next president should look into this because alerowa sangakwanitse. Ali ndi mavuto akulu zedi.

    Ayisova

  28. The Patriot says:

    Mmwenye sitizamutha unless we all stop being corrupted! If there are people on earth who look down upon African governments, ndi a Mwenye! No wonder Idi Amini chased them from Uganda! These guys are so corrupt and they externalize all the Forex to India or other countries at the expense of Malawians! If I were a President, I would go after all the Mwenye businesses so that they pay the right taxes and never accept any gift from them!

  29. Micheal says:

    Nyasa. Can you plz help me. I work at HTD. This old man really troubles and swears literally in Chichewa. He says kadyereni pa nyi**” go feed yourself on a woman’s private parts”.

    Can someone arrange kuti boma should come and audit these thieves.

    Last week he mentioned kuti ACB and MRA are dancing to his tunes.

  30. Nkhombokombo says:

    Don’t encourage corruption in Malawi. If the company gives out to the ruling govt for some returns/kickbacks on their business, then that should be questionable. Cashgate behaviours plant their ugly roots from such beginnings. Lets run clean business. Kugona basi!! Wake up!!

  31. Concerned says:

    The “ndalama wathu, dziko wanu” syndrome continues, supported by equally greedy indigenous Malawians. Very soon, it will be “nziko wathunso”.

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