Malawian billionaire disowns daughter over debts, draws mixed reactions
A Malawian billionaire with huge investments in real estates has put up notices in social media platforms disowning his own biological daughter whom she is accusing of soliciting debts with promises that his father would settle them.
In a statement, Jimmy Koreia-Mpatsa says himself or his Mpatsa Trust will not be liable to settle debts solicited by his daughter, Jacqueline Koreia-Phakamea.
“The following is also worth noting; Jacqueline is also a married woman and ceased to be our ward in September 2016, Jacqueline ceased to be an employee of Mpatsa Trust in March 2020, Mpatsa Trust and all its affiliates and assets will not be used to settle Jacqueline’s debts,” says the statement.
Mpasa does not say how much Jacqueline has accumulated in debts which prompted the statement.
There has been mixed reactions in the social media platforms over the statement, with some saying Jacqueline is a troubled child while others say Mpasa is just a difficult father.
“Jacqueline is scandalous and can cause problems to the Mpasa family. She behaves widely,” posted one Facebook user.
While another, said the father should have handled the matter “within the family or the trust.”
Mpatsa Trust have investment in farms, lodges, and transports.
Raised from single parent, a mother in a family of three boys. Mpatsa went to Soche secondary school then Self-studied advanced level economics, law, and English literature.
Business and family is two different things
Well done Mr mpasa ur daughter may learn something.
If she had some problems she would have talked to you before.
Always take note that people are dying leaving the so called wealth coz of covid. Plz Mr handle this issue in-house rather than bringing it on public. U wl just get insults from people.
asova mwana akakwaila basi azipanga zake pabanja pake …….ampatsa sinalakwise inu zikakuvutani mumapita kwamakolo ngati/.?
I personally see nothing in protecting the general public from being duped by this daughter of Mr Mpatsa, for me he is right. The other issues can be settled inhouse.
Mr Mpatsa has done his public duty to protect the public. People might the daughter to be from a billionaire family but actually people should be duped as a result.
money should not devid family father put family first she is your daughter you has no choice my daughter went to bank and bollow money with her husband build there home and fail to pay back the money myself l never noticed but aftee things get worse they come to me and tell me that they’re going to prison guess what l pay the bank because she is my daughter and l never let money to tears me with my daughter l play my part now is your turn just do it.
This is not actually money but business interest .
We Africans we have been failling to run day to day business because we don’t separate between business and family.
Nkhani zina zimafunika kungokambira mnyumba monga banja ngati bambo ndi anake osati mpakana pa facebook ayi.
Mwanayu akumatenga ngongole kwa anthu akunja osati kubanja kwawo. What the father is trying to do is to protect those money lenders. Sanalakwitse a Mpatsa
There was absolutely no need to make this public. And to humiliate your own child over money. He could’ve used a lawyer and kept things discreet instead of a childish emotional outburst on Facebook. Money truly doesn’t buy class.
so if he did it privately, how else were the other parties meant to know. By the time he is doing this he must be tired of what is going on.
People with this kind of money alsways have a way of doing it without being public. These sorts of family issues happen in the Mwenye community all the time but you’ll never here about it in the news because they’re smart and know how to handle their business discretely. Mpatsa needs to do the same. Things like this only damage his own brand and business.
If what is written on social media is the above note, Nyasa Times must revise it heading. I do not read anything that sounds like disowning a daughter here. Rather, it is a notice to his daughter’s debtors that he is not responsible for his daughter’s debts. What is wrong with that statement? Why spend money buying a lawyer? Business people have principles and they go by them. Those who think they should be discreet, go ahead wid it
Mpatsa is right some children behave like agents of the devil no matter how you try to put them in line they will always want to drag the parents in their mess, let alone uyuyu ndi mzimayi sakuyenera kupanga zopusazi munthu wamkulukulu kukanika kupanga zooneka payekha koma basi kugwirizana ndi zigawenga just to siphon money from a father, hell no! disown her until she starts behaving, that’s the problem with children born with silver spoon on their mouth, they think money is made by just a click of a finger, let her feel what it means to make such wealth,… Read more »
The one Phakemeya is he the one who was named in the murder of Linda Gasa. If that is the case it is not surprising that she is involved in such scandals because Phakameya is a known criminal from Kasungu.
Kodi mtola nkhaniwe ukamati raised from a single mother umati ukutiuza chani? Alipo amaleledwa ndi amayi more than mmodzi? Kapena umafuna kunena kuti raised from a single parent ndiye chizungu chinakupeta?
Nanenso ndudabwa tu