Admarc boss Mauwa removed, Jumbe appointed CEO

Agricultural Development and Marketing Corporation (Admarc) chief executive officer Margret Roka Mauwa has been removed  from her position and former legislator Felix Jumbe has been appointed as new CEO.

Mauwa:Removed

This development comes after Nyasa Times reported about Admarc employees’ demands.

Last week Admarc employees threatened to down tools if government didn’t remove Mauwa and two others for alleged “fragrant abuse of office and mismanagement of resources” .

A letter signed by Chief Secretary to government Lloyd Muhara, says that Mauwa has been seconded to the Ministry of Agriculture, Irrigation and Water Development.

Jumbe was serving as Admarc board chairperson and government  has since appointed Stain Singo as the new board chairperson for Admarc.

Mauwa has been acting CEO since January 2019 when former CEO Foster Mulumbe was fired in the light of the Maizegate scandal.

The internal audit report, which Nyasa Times has seen, alleges unauthorized and extra draw-downs on loans that internal audit deemed to have been suspicious and reported to the organization’s board.

The report said Admarc signed a loan facility of MK5,000,000,000.00 with Alliance Capital on 16th April in 2016, and out of this  the organization got  MK4,713,000,000.00, which  the organization used  to procure farm produce.

“However, as reported before, there were further draw downs amounting to MK2, 600, 000,000.00 appearing on the Admarc loan schedule that the internal audit deemed suspicious and reported to the Board,” reads  the report in part,  adding  that Admarc books are out of sync by MK2,656,385, 447.00 based on this Alliance Capital account alone.

The report observes that there are other anomalies surrounding the operation of this loan account, one of which is that the total amount drawn in favour of one supplier of maize, Admike Imports & Exports, was MK2, 500, 000,000.00 and yet this supplier only supplied 2,600,440kgs of maize at MK250.00 per kilogram worth MK652, 300,000.00.

To date, the deficit has not been accounted for, and there is no documentation in the finance department at Admarc supporting payments to Admike Imports & Exports. It is not clear who owns Admike Imports and Exports.

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Moya
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Moya

Same recycled names and ideas, if we want a new admarc then we need new and young people with fresh approach and ideas otherwise these appeasement appointments will only take Admarc further down to its grave and a further liability to our tax payers money. This is one institution that if you were to close it u will be surprised how much savings government will make.

Kanyimbi
Guest
Kanyimbi

Instead of firing her u now move her to another lucrative post to eat more & more aaaah! Zachisoni pa Malawi.

Mwaulambia
Guest
Mwaulambia

Chonde Synod of Livingsotnia tichotsereni pampando mfiti yotchedwa Levi Nyondo. He is a damn disgrace, he has messed up our church. He is now busy using our tithes and giving to consult sangomas so that he remains in the seat by disguising to stand for the 4th term. Mbuzi ya Mliska ni Levi Njombole Nyondo

Mtete
Guest

Does it really matter these days who is appointed top boss in government companies/organisations? Parastatal CEO’s no longer make decisions translate their strategies into action. They have, due to no fault of theirs, been reduced to puppets retained to facilitate plunder of taxpayers money through dubious contracts or shameless demands as was the case during one so-called Blue Night. Remember that one?

I don’t blame the poor fellows though. They have families to take care of and most importantly children still at school.

President Mkango Lion Manthakanjenjemereza
Guest
President Mkango Lion Manthakanjenjemereza

DPP singakonze zinthu mdziko muno munthu waononga then she is seconded to Ministry of Agriculture. Akaonongenso further?

Jemusi
Guest
Jemusi

This is a good headline. Zodiak Radio has got it wrong. It is sensational. How do you fire someone and give her another job? She has been removed from Admarc and assigned another job! Not Fired!

Igwe
Guest
Igwe

Well its good to bring in Jumbe may be he can bring in some changes if any at all. Admarc problems are more than CEO its policy issues from the policy making board. Admarc needs revamp of a highest standard.

Mbwiye
Guest
Mbwiye

Kodi chikuchitika apa ndi chiyani? I thought board chair is more senior than ceo?

Benli
Guest
Benli

thats what am wondering as well CEO reports to the board chairperson it sounds awkward though

Timo Clouds
Guest
Timo Clouds

CEO is on the payroll, with handsome benefits and therefore Jumbe has been rewarded handsomely. Board Chair only receives Honoraria (quarterly) and a sitting allowance whenever there is a board meeting.

Duncan
Guest

Jumbe finally rewarded.