‘Cash Madam’, Magalasi denied bail by court

August 3, 2020 Wanga Gwede - Nyasa Times 36 Comments

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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36 replies on “‘Cash Madam’, Magalasi denied bail by court”

  1. 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

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

  8. 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 to be driving top of the range vehicles at the cost of their bodies. I know there are strong and principled women but not feminists that we see making noising out of frustrations like the advocates we see these days.

  10. 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….

    1. 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

  12. Why is that these guys getting persecuted and Godfrey Itaye is scot free yet he has stolen billions of kwacha at macra. He is one of the biggest thief and thug yet he has been given the post of ceo at LWB???? HOW???? This means you are giving a thief license to steal more… this is not what Tonse promised us. This must STOP!!!!

    1. Remember Itaye was appointment LWB CEO by the past regime. But Itaye’s day is in the offing. One day at a time

  13. The yellow colour dressing was in anticipation that the bail application would be granted. This lady is insensitive, trying to look good wearing clothes suspected to be proceeds of a crime activity

    1. Koma ngati Mukuti munthu anaba 107 million zovala zake zingafanane ndi kaunjika mumavala inuyo?

  14. Is the boss and this cash madam in the same cell? For human right sake, it will be helpful to both of them. This life is really something, isn’t it? Jez!! Seriously, we need to help Collins face this nightmare. Collins is a good person even if he has eaten APM nasty fruit. Let’s help him. I would like to raise money for his legal fee. Please if anybody is interested, contact me off line. Paulo the great

    2. sonkhani muli nazo. magulu okhulupilila kiti wa nkulu saphwisa ndendinu.
      lamulo la Usabe limakhalila aliyese

  17. These never ending investigation could be another form form of corruption. How long does the state require to conclude its investigation and prosecute? Very soon it will become bored of this investigation and will move to something more entertaining when that happens you will never hear about the case again. Cash madam might actually get compensation order from our endless line of corrupt judges.

    1. Takhala tikunena kuti MCP will never change nkhaza after nkhaza timangeni tonse tikakhale kudende inuyo mutase mulungu sagona tulo akuona zosezi .Mukumanga and hu musanasirize ma investigations mukwakaniza belo malamulo akuti chiyani ? Zovetsa chisoni .Mayi Banda ex president cashgate woman mwamanga liti?

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