Bingu named in US$124 000 Zimbabwe tractor loan

Former president late Bingu wa Mutharika has been named has having taken a US$124,000 loan in Zimbabwe for the purchase of tractors which he did not repay.

Bingu wa Mutharika

According to documents, Mutharika was the beneficiary of the Zimbabwe government funded Farm Mechanisation Scheme.

The documents showed that he took US$124,111 for his farm in Zimbabwe.

Mutharika was married to a Zimbabwean and had a farm in the once basket of Africa land.

There was no immediate comment from the family of the deceased president.

Gerald Mlotshwa, a lawyer and son in law of president Emmerson Mnangagwa owes the scheme US$59,605

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CESSPOOL
CESSPOOL
2 months ago

Bingu the worst mbava our nation will ever have. Bakili Bingu and Pita are matchless swindlers the presidency project was the thieves wearing a garb of respect ending up in stashing all our resources in overseas banks. Throughout their leadership all these top fat cats were the swallowing pythons sweeping every morsel on the economy tables of Malawi into their big bellies. Bingu was a cartoon with peculiar ideas more to swallow our resources into Ndata project however Malawi was too big for his selfishness he vanished into eternity

Tommy
Tommy
2 months ago

Why did the Govt of Zim gave loan to a foreigner? That’s the question, if it was given to his wife then it should be her name, not Bingu! Ashhhh

Phiri
Phiri
2 months ago

Anali kuti nthawi yonseyi.

Madando Tippex
Madando Tippex
2 months ago

She was not Zimbabwean but Malawian. Her father came from Sakata area (Chief Kuntumanje) in Zomba. Her father worked in farms around Harare and retired comfortably around Chitungwiza area where Bingu rejoined her/(then with her parents)after moving from Zambia without a tambala. Eetu eee.

Mwambalanganya
2 months ago
Reply to  Madando Tippex

As long as the wife had zimbabwani papers, she is from Zimbabwe. Dont fool around with us here.

Mwambalanganya
2 months ago
Reply to  Madando Tippex

Iwas born in Zambia, got a Zambian ID my dad came back I change my citizenship am a Malawian. But the rest of my brothers and sisters are still in Zambia. They have everything as Zambians. When they come to Malawi, they are foreigners. Dont fool us. She os a Zimbabwen. She was suposed to have that loan In her name, dambt you.

William Murray Kanyama Chiume
William Murray Kanyama Chiume
2 months ago

Bingu was a thief and a liar. All is assets should be sequestered and sold off

Mtopwa 1
Mtopwa 1
2 months ago

Family yonse kungokhala ya mbava Basi. Shame!

Fake Petros
Fake Petros
2 months ago
Reply to  Mtopwa 1

Probably there’s something inherently bad when it comes to selfishness with mtundu wa Chilomwe! Remember woyimba wina late Michael Yekha? Munthu wodzitama,wodzimva koopsya, he couldn’t agree or work together ndi azinzake a Chimvu River Band.
Come Brown Mpinganjira during Muluzi’s time, over 80% of people employed at MTL or MBC while he wa Minister of Information were from Lhomwe belt

Aabwino
Aabwino
2 months ago

Palibe khani apa. Loans are insured these days to cover themselves from events like death etc

Nyirenda Tobious
Nyirenda Tobious
2 months ago

A crime doesn’t last unless overdued, he had his family who might still be beneficiaries of the poor Zim taxpayers. Banja lonse ndilakuba eti!!!! Had we known

Mapwiya
Mapwiya
2 months ago

Palibe nkhani apa. Ask the Zimbabwe government to forfeit the loan

Barristers United
Barristers United
2 months ago

A very slow accounting office to suggest they wish to collect from a dead President 8 years ago. If the contract was with Bingu they are likely out of luck. Interesting how Bingu as President of Malawi was farming in Zimbabwe development and corruption everywhere.

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