‘Cash Madam’, Magalasi denied bail by court

Malawi Energy Regulatory Authority (MERA) chief executive officer Collins Magalasi and co-accused persons have been denied bail.

Cash Madam at court
No bail:  Accused persons concealed their faces from photographers with headgear, masks and sunglasses.

This is after the state had pleaded that the three suspects, who were arrested on July 29, know  the witnesses to the case and may interfere with investigations.

They asked that they should continue being held in custody pending completion of investigations.

Magalasi, a one-time chief economic advisor to former president Peter Mutharika,  alongside businesswoman Dorothy Shonga aka ‘Cash Madam’  and MERA Communications Specialist Patrick Maulidi are accused of fraud of K107 million.

Mera procurement officer Bright Mbewe was added as a fourth accused person (officially charged as second accused) to the charge sheet, but did not take plea as chief resident magistrate Violet Chipao, who is supposed to hear the matter, was absent.

The criminal charges relate to procurement contract awarded to Shonga’s Vink Enterprises.

The first count was fraud related to the procurement, the second count was money laundering involving alleged attempts to conceal the proceeds of crime generated from the fraud and the third count was entering procurement contract with an employee contrary to the Public FinanceManagement Act.

The senior resident magistrate Florence Msekandiana rejected the bail application after reading a number of reasons in which the law allows the State to keep suspects in custody, arguing there is a likelihood the suspects knew witnesses in the case.

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msundwe
msundwe
1 month ago

Bwana magalasi muli ndi ama, ma nephews ma niece ndalama kuba mpaka kusowa chopanga nazo ..kugulira ma hule ma benz basi. Uja ali ku US wakwatiwa ndi.mzungu munamugulira Benz, utaonongeka munangoti dont worry palibe kukonzetsa katenge ina. Anthu akufa mzipatala kusowa mankhwala, inu mukugula ndata, zoona? Akazi anua mwano aja akamamva kuti mwamangidwa ndi chibwenzi kaya akuti bwanji? Tingodiira agamule tiziyndera fisi mmanyumba mwa agalu inu. Kwa Ben Phiri ndizizapita weekend yonse kubweza ndalama zathu

tuntufye
tuntufye
1 month ago

Collins why this is sad really sad.

Super Duper
Super Duper
1 month ago

Where are the handicuffs on these thieves?

Chelwa
Chelwa
1 month ago

Komaso tava kale kuti Ku area 3 ko akugona my ofesi ya bwana Kachingwe my selo amapita kummawa..
Corrupt police as usual…

No chillz
No chillz
1 month ago

God please they should never be released.

Opportunist
Opportunist
1 month ago

No problem they can just continue their affair

Khima
Khima
1 month ago

while Chanthunya, Paul Mphwiyo and Raph Kasambara are enjoying fresh air….

Chipwaza
Chipwaza
1 month ago
Reply to  Khima

Pita kamange iweyo

Nyungwe
Nyungwe
1 month ago
Reply to  Chipwaza

Tikubwera tizakumanga

ERUTU
ERUTU
1 month ago
Reply to  Khima

Wait… loading………..

An Eye for an Eye
1 month ago

The people went there just to see the way the cash woman posed before the courts. She does not have remorse for what she did. She is a dangerous material woman. She should have learnt from the likes of Madonna who made her fortunes through her music and beauty. Our women are not role models and sell their bodies for money. This is what the rotten cash woman and Gertrude Muthalika did. Do you think they are in love with their men genuinely? True love is hard to find and these women are after men’s positions and money. They want… Read more »

ERUTU
ERUTU
1 month ago

Gold digger Cash Madam is 💰💰💰💰

Terni
1 month ago

Compromised magistrate!

Masharubu
Masharubu
1 month ago

Kkkkk…. It never rains but pours for the two love birds. I really feel sorry for Collins. That’s the problem of “discovering” akazi when you are hitting middle age. Za akazi zimafunika kupanga around your 20’s or at least early 30’s. Look now where it is taking you to….

nafundo zalo
nafundo zalo
1 month ago
Reply to  Masharubu

azibambo a pa Malawi pano lhaye masoku anooo mde akhale wa DPP mmayoj. ndingoti madhala ogwila mm bomamu odziwa kukhemula ma zip mmmayo. ena anasaina ma ARV amawasiya ku office vimimba kwevukwevu kuthamangila tima side chick.
Collins ali ndi banja??? hedeee ana mpaka kuona zomwe amacita a dad ao. nde mwana mumuletsa bwa. mwana mbu make mbu

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