As battle for the wealth of former Malawi president Bingu wa Mutharika continues, it has been revealed that the former first lady Callista Mutharika’s name is nowhere to be seen in the last Will late Mutharika wrote entitled “My last will testament”.
Since Mutharika died, there has been a battle of his wealth amongst the family members with the sprawling Ndata Farm located in his home district Thyolo taking a center stage.
In an article carried out in The Nation newspaper on Wednesday 26th June, 2013, the paper claim to have been in a possession of late Mutharika’s Will in which he only mentioned his three children, brother Peter Mutharika, grandchildren among others as the only beneficiaries to his multibillion fortune, leaving out the former first lady.
It is revealed that in the Will, Mutharika emphasized that “no one of his relatives mentioned in the Will shall never have claim for any of his estates”.
He also directed that all his bank accounts be closed forthwith after payment and the balances therefore be paid to his charitable organization Bineth Trust Fund through account number 024/00/032774/00.
He wrote that his only son Madalitso, brother Peter, daughters Tapiwa and Duwa be given $200,000 dollars each.
Other beneficiaries include step daughter Noma Penelope Mutharika to be given $200 000 and K3 million, $100 000 to last wife’s granddaughter.
Other Mutharika’s wealth includes several Agricultural machineries, shares with Continental Discount House.
He also had several accounts abroad including an account with Zimbabwe’s Standard Chartered Bank Limited under Bineth Trust in Zimbabwe bearing account number 0101753055700, a Joint account with late first wife Ethel at Barclays Bank Limited-Zimbabwe Account number 5439607.
He also had a United States Dollar Account Number 91-6000090-5 with Bank of Taiwan, Johannesburg South Africa.
Meanwhile, the Malawi government has frozen all the accounts except one which government is claiming unpaid duty fee amounting to K5 Billion.
The hearing starts Wednesday at Zomba High Court where the family is set to challenge the move.
The Mutharika family has engaged three prominent lawyers Kalekeni Kaphale, Julius Nyambo and Frank Mbeta.
Mutharika died of Cardiac Arrest on April 5, 2012 while his first wife Ethel died of cancer in 2007.
He ruled Malawi from 2004 until his death.Follow and Subscribe Nyasa TV :