ACB says K1.2 trillion figure may go down as probe on 73 reviewed cases intensifies 

Anti-Corruption Bureau (ACB) Reyneck Matemba says the K1.2 trillion figure may go down as the bureau scale up investigations on the 73 cases they reviewed.

Matemba: The K1.2 trillion figure is not what has been lost but monetary value of cases under investigations

Matemba clarified to Nyasa Times on Tuesday underlining that the K1.2 trillion represents the monetary value of the 73 cases that they reviewed.

“I need to clarify here. The K1.2 trillion does not represent the money government lost. It is just the gross monetary value mentioned in the cases we have reviewed,” he said.

He added that, among the complaints reviewed, it is possible that money involved was really used for intended purpose.

To mean, the monetary value of K1.2 trillion may go down.

ACB briefed journalists on Monday to update the nation on progress being made in the fight against corruption in the country.

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Bamusi
4 years ago

Acb should also check why Dpp sold some Embassy houses in South Africa? A good example of is the one in morning side in Sandton. Kamuzu bought these houses for the Embassy to use them, but Dpp sold them. Why?

Hazmat
Hazmat
4 years ago

Be professional and give Malawians final figures lest we assume you are covering up. Don’t rush talking about figures you are unsure of

Kumavalo Nsamaonetsa Nyoni
Kumavalo Nsamaonetsa Nyoni
4 years ago
Reply to  Hazmat

Of course they are covering up.

The Sniper
The Sniper
4 years ago

So if the journalist was misleading, whom was he wanted to please if i may ask? Lets take it that Matemba is covering up the Government, how about you, how are you going to come up with the truth to the Nation? The DPP spirit is still hunting Malawians for sure!
ACB is working and it will work accordingly.

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