ACB rearrests Zameer Karim: Court revokes bail

The graft busting body, the Anti Corruption Bureau (ACB) has today re-arrested Asian businessman Zameer Karim of Pioneer Investments after the High Court revoked his bail.

Zameer back in custody

ACB spokesperson Egritta Ndala has confirmed the arrest.

Karim was supposed to appear before the High Court in Lilongwe on Wednesday but he failed to show up forcing High Court judge Dorothy DeGabrielle to issue a warrant of arrest.

High Court of Malawi and Supreme Court of Appeal registrar Gladys Gondwe said in an interview Karim’s matter was coming before the judge to proceed for plea taking.

She said: “So, neither the suspect nor his lawyer showed up at the court and there was no explanation from them as to why. So, the court proceeded to revoke his bail and issued a warrant on whose strength he was arrested.”

ACB’s Ndala said Karim was being kept at Blantyre Police Station waiting to be remanded to prison until the next date of trial – May 18 2021.

The business tycoon was charged with intent to defraud Ecobank Malawi K850 million by allegedly obtaining fraudulently a loan purportedly guaranteed by the Malawi Police Service.

He was arrested alongside an employee of the bank and the two are accused of presenting a Notice of Assignment of Proceeds purporting to have been signed by MPS director of finance and his deputy undertaking to directly pay Ecobank K850 million as proceeds of a contract between police and Karim.

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Mfera
Mfera
27 days ago

The court decided to rearrest Karin because he did not attend present himself in court. But some are crying foul, what are you crying for. Karim was arrested in DPP time. It’s a continuation of a case.

VW Gang
VW Gang
27 days ago

Just implicate the former President that’s what they want in all honesty. It’s all due to that dubious 150million transaction it’s a witch hunt.

The cement gate guy choonara pointed fingers his out now just do it you’ll be out in 24hours.

New Thinking
New Thinking
28 days ago

The arrest of Karim and Karim being found guilty and convicted by the courts and imprisoned can be the start of the end of corruption in government procurement which Indians dominate. For Karim can serve as an example to the corruption barons that bribery and corruption will lead to them serving prison terms too. But the problem since 1994 has been that the corruption barons have ‘state captured’ the President down by bribing them, Even murderers and rapists of the corruption barons always buy their way out. Sadly, none of the corruption barons or their relatives will ever serve a… Read more »

Last edited 28 days ago by New Thinking
Kukada
Kukada
28 days ago

Recall Kachama who is now at state house was the IG when this deal was made and another officer involved is Bottoman a brother to Kaliyati

Kuduhunter
Kuduhunter
28 days ago

Right we watching the outcome of this one lets see how far we get if we do

Koka
Koka
28 days ago

This is a distraction from the damning Covid report. That’s what they are good at, not taking responsibility the MCP people.

MCP stinks..komwe kukathe 5 years, there skirm off every penny from the government coffers.

Kaweko
Kaweko
28 days ago
Reply to  Koka

two different issues. unrelated.

Time Changes, be dynamic
Time Changes, be dynamic
28 days ago

The way is now clear to facing the slave! The iscariot who had been illegally masquerading as upright leader for this country must now be panting and gasiping for air amisd numerous illegal pollution of administration when they were president. Learn the game of relay race when you occupy a position

Sam phori
Sam phori
28 days ago

Why re arrest him as if he will run away and if he wanted to he could have done before stupid corrupt the ACB

Kala
Kala
27 days ago
Reply to  Sam phori

Uchira we are now circumcising him

Mulopwana
28 days ago

DJ start the music now

Jah
Jah
28 days ago

Mpaka kudusa cheque inside job at the bank

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