Chakwera, Chilima wealth made public: APM, JB assets known
Malawi Vice-President Saulos Chilima has declared ownership of five farms, several plots and houses and insurance policies valued at about K7 million in the details of his wealth declared to the Office of the Director of Public Officers Declarations.
Chilima also declared registered jointly with his wife Mary, several bank accounts holding about K8 million.
The assets declaration information made public also is that of leader of opposition in Parliament Lazarous Chakwera.
Chakwera, who is also president of the Malawi Congress Party (MCP), also said he jointly owns with immediate family members, 10 other different bank accounts.
The MCP president, a former head of Assemblies of God church, declared four houses worth K120 million, six vehicles and six bank accounts, including one in America containing about K6 million.
Speaker of the National Assembly Richard Msowoya assets declared on December 19 2014 are four houses constructed in Lilongwe and Mzuzu worth K120 million.
Malawi President Peter Mutharika declaration of wealth shows he is among a group of billionaires details indicates that he has a number of bank accounts within and outside Malawi that hold close to K4 billion cash.
The President, who declared his wealth in July last year, has over $8 million (about K3.4 billion) in two bank accounts which he holds in the United States of America (USA) where he spent most of his working life.
In Malawi, the declaration of assets documents show Mutharika has about K70 million at Standard Bank and a fleet of nine vehicles which he reportedly bought between 2001 and 2014 also valued in millions of kwacha.
Mutharika’s predecessor, Joyce Banda, among her declarations, is about $14 000 (K6 million) in a bank in the USA, about 240 000 South African rand (over K9 million and K2 million at National Bank of Malawi.
Banda, who is president of the People’s Party (PP) and made her declarations on December 30 2014, also declared ownership of 63 vehicles, most of which she donated to her party and tax is yet to be paid in full to Malawi Revenue Authority (MRA)..
The former president also declared businesses such as her school, Joyce Banda Foundation valued at K114 million.
In May 2004, Bingu declared his wealth to be around K150 million. However, an assessment of his estate after his death valued his wealth at K61 billion, a figure his family disputes.
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I have 2fleet of kabaza bikes and 3 bags of charcoal+1mosquito net
go on with physical check up
No wonder APM iz never shaken when it comes 2 de issues of zosololasolola. Kungoti a Malawi kudana ndi Chilungamo. APM’s Asset declaration iz a true reflection of wat he has. It was imposible 4 him to win de elections from de oposition if he had no money. He used part of him mane to fund the political ralies.
Malawians lets not be jelous asiyen ndi thukutalawo limenelo koma nde sitibeledwaso ndi kulemelakwake kumeneku
Mr Tukula yambanipo ntchito. Ife tikuthandizani verify these amounts
Marimar Mbuli yoopsa ndiiweyo ms lectures are having grades and get paid according to their grades and Peter was not a senior lecture,he was the down graded lecture teaching in a public university which pays less more than the private ones and your break down is soo pathetic because if someone gets $30 000 it doesn’t mean can save it all. You spend most of your salary and save a small portion of it,for those who are in the know will agree with me because you can’t get paid k20 0000 and save it all if you are too strict… Read more »
EKHAYO ANGAVOMELEZE YESU KUKHALA MBUYE NDI MPULUMUTSI WAKE ADZAONA UFUMU WA MULUNGU.WOLEMELA WOSAUKA .
I CAN NOT AGREE WITH THESE FIGURES THESE PEOPLE NEEDS TO GIVE BACK OUR TAX MONEY.
Mwapatsidwa zingati? Ena onse mukunena value. Saulos mwangoti several houses. Of course tikudziwa anabadwa ndikukulira pa makobili koma bwanj simunayike value monga mwachitira ena onse