World Bank demands K400mil refund from Malawi over procurement scam

The World Bank has demanded a K400 million from Malawi government to be paid back over procurement scam.

World Bank demands K400mil refund from Malawi over procurement scam

World Bank demands K400mil refund from Malawi over procurement scam

The funds abused are under the World Bank funded financial reporting and oversight improvement project managed by Treasury.

Laura Kullenberg, World Bank Country Manager for Malawi, confirmed that the request for a refund was made for computers ad a printer that the bank submitted to Malawi government under financial reporting and oversight improvement project totalled  $519, 142 32 (about K400 million).

Kullenberg said World Bank takes procurement issues “seriously” for countries to receive value for money from their funded projects.

She said when World Bank’s “due diligence” establishes that a project expense is ineligible, they normally request a refund from government from those expenses.

Treasury spokesman Nations Msowoya described the request for a refund by World Banda as  “unfortunate.”

Msowoya said Treasury “ has to look for money to pay back.”

Under the Treasury managed project, a printer and computers were bought to improve accountability, oversight and reporting of government finances.

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President Pedro
Guest
President Pedro
1 month 25 days ago

The Secretary to Treasury is very corrupt. I warn you more is coming. Can he explain why some months he is not funding the Govt department. Where are the monies going. Malawi is harboring professional thieves. And this shows it

Bambo
Guest
Bambo
1 month 25 days ago

If it was Health Ministry you would have been on top of your voice you corrupt morrons at treasury. Apprehend those responsible you know since ma auditors aja akamapanga audit amakhala akupanga chani. Mxxii

atate
Guest
atate
1 month 25 days ago

izi nde zopusa achita bwino.

Trumpet call
Guest
Trumpet call
1 month 25 days ago
While I Dont defend theft of any kind for any resources. I think the biggest thief is the so called world bank and the IMF which is in the business of creating debt and real resource rich countries while empoverishing its native citizens. Its also In the business of funding corrupt goverments everywhere in the world and placing the burden on the natives of the country to pay the burden of the elites such as muthalika and many corrupt a or most of the african presidents who will never be able to pay it. back. This will be paid by… Read more »
VYOTO
Guest
VYOTO
1 month 25 days ago
Where is the Professor President Peter Muthalika? Where is Goodall Gondwe? These two old people used to make alot of noise during the Amayi Cashgate,surprisingly, they seem to be sleeping on the job.If it is because of their advanced age, let them retire in 2019.At 70 plus one is tired, seriously ,one needs to be chatting with his grandchildren.Malawians, let us wake,We have alot of brilliant people around turn around the rotten Government systems …Dr Lazarous Chakwera, Professor John Chisi, Professor, Ten point plan Mathews Chikaonda and many more.Forget about Chilima, he has proved ineffective, he is silent and sleeping… Read more »
CONCERNED CITIZEN
Guest
CONCERNED CITIZEN
1 month 25 days ago
YOU CAN NOT SAY YOU ARE GOING TO LOOK FOR MONEY . FROM WHERE ? DON’T YOU KNOW WHO WAS MANDATED TO CARRY OUT THE PROJECT . FINANCIAL CONTROLLERS AND EVERY BODY INVOLVED IN THE PROCESS OF SEEING TO IT THAT THE INTENDED PURPOSE FOR THE MONEY WAS ACHIEVED. THOSE SHOULD ANSWER / EXPLAIN WHAT HAPPENED TO THE MONEY. ACCOUNT FOR THE MONEY OR GET CHARGED FOR THEFT BY EMPLOYEE. FAILIER TO ACCOUNT ALANDIDWE PROPERTY ACQUIRED THROUGH STEALING. JUST LOOK AT HOUSES BEING BUILT IN MALAWI BY CIVIL SERVANT .YET SALARIES IN MALAWI ARE LOW . BANKS DON’T GIVE BIG… Read more »
Matako
Guest
Matako
1 month 25 days ago

World Bank and IMF, we have pleaded with you to do something about corruption in this country. You have continued to support Muthalika government despite his arrogance and nonchalance attitude against the law. He treats the treasury as his personal account. The entire administration is full of corrupt rotten people. How can you continue to give Muthalika money knowing he will only deposit it in his personal Bank account. You are equally responsible for fueling corruption in this country. You are now realizing that this is what has been taking place. Its about time even though long over due.

Mmalawi
Guest
Mmalawi
1 month 25 days ago

How long are we going to be doing this until we realise that we are damaging this country further and deeper? Amalawi khuzumukani eeeeh

ngongoliwa
Guest
ngongoliwa
1 month 26 days ago

And nobody will be fired at Treasury!

Haswel Bandawe
Guest
Haswel Bandawe
1 month 26 days ago

This is mind boggling! Scandalous to the core. How is the country going to go back to the World Bank again to look for loans?

This is the height of ingratitude: misappropriating funds intended to strengthen financial controls so that we can at least approach lenders with some credibility to manage our finances! Instead, the Treasury misappropriated the money!

And nobody is told to resign or get fired or arrested? What is this?

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