Malawi Parliament seeks funding to discuss Bingu’s offshore bank accounts

Malawi  Parliament’s Public Accounts Committee (PAC) says it needs funding for its members to meet next week to discuss allegations that former president Bingu wa Mutharika stashed K92 billion in offshore accounts.

Public Accounts Committee (PAC) deputy chairperson Kamlepo Kalua said all preparations for the meeting are over.

“We are just waiting for the funding, if the government funds parliament then we will meet next week,” said Kalua.

Parliament’s Public Relations Officer Leonard Mengezi said the government has already funded parliament only that accounts department is unable to access the money because a new government financial year has just started and the IFMIS computer system is clearing some work.

“This happens every year, the government uses the computerised IFMIS system but the funding is there. We will have the money by next year,” he said.

Mzimba West MP Harry Mkandawire brought a document in parliament which showed that Mutharika took a cut of 10 per cent of all government payments to Mota Engil which turned the former leader an instant billionaire.

Agriculture minister George Chaponda and Labour minister Henry Mussa denied the allegations that Mutharika stashed the huge sums of money in offshore bank accounts.