DPP stops ACB from prosecuting ex CDH Bank boss: Zameer case to continue

Anti-Corruption Bureau (ACB)  will not be prosecuting  former CDH  Investment Bank chief executive officer (CEO) Misheck Esau for allegedly failing to conduct due diligence and monitor business relationship and the transactions on Zameer Karim of Pioneer Investments, a contractor in the controversial K2.7 billion Malawi Police Service (MPS) food rations deal, with the financial institution.

DPP Mary Kachale:  No consent to ACB to prosecute 
Former CDH Investment Bamk chief executive officer Misheck Esau: Freed
Karim of Pioneer Investment 

This follows decision by Director of Public Prosecution (DPP) Mary Kachale not to give consent to the graft-busting body to prosecute Esau.

When he was arrested by ACB earlier this year, four charges were pressed on Esau, which include conspiracy contrary to Section 35 as read with Section 25 B of the Corrupt Practices Act (CPA); Failure to conduct due diligence and monitoring contrary to Section 29 of the Financial Crimes Act; influencing the use of public office for advantage contrary to Section 25B (2) of the CPA and money laundering contrary to Section 42 (1) (c) of the Financial Crimes Act.

The case was expected to be committed to the High Court where other suspects, including Zameer Karim of Pioneer Investments, are also answering charges on the dubious K2.7 billion deal.

But before the court appearance on September 19 2019, the top prosecutor  has written ACB refusing to grant consent to prosecute  Esau and CDH Bank.

According to ACB boss Reyneck Matmeba, the refusal to grant consent to prosecute came in “brief note that did not disclose the reasons.”

He said DPP indicated a formal letter will follow.

But the DPP  will be required by law to explain their decision to Legal Affairs Committee of Parliament within 30 days.

However, Zameer case will proceed together with bis two accomplices, interdicted top police officer Innocent Botomani ad Kachingwe.

The office of the Attorney General (AG) is said to have committed Malawi Government to pay CDH Investment Bank, on behalf of a private contractor, in the deal.

The case came to light in June  2018mthrough a leaked ACB investigation report which indicated that government paid K2.7 billion directly to Pioneer Investment against an undertaking by an officer at MPS to pay the contract price to CDH investment Bank Limited.

The direct payment to the contractor saw the bank losing out; hence, the court action.

The investigation report also mentioned the governing Democratic Progressive Party (DPP) as a beneficiary of the proceeds as Karim deposited K145 million into its bank account at Standard Bank whose sole signatory was President Peter Mutharika.

The AG voluntarily joined the case as a third defendant after CDH Investment Bank took to court Karim as first defendant and The Oil and Protein Company Limited as second defendant in the High Court Commercial Division classified as commercial case No. 276 of 2017.

ACB already cleared Mutharika of wrongdoing in the case, saying the President did not personally benefit from the transaction.

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THE APOSTLE
Guest

AND THIS ZAMEER KARIM ANATHAWA ECONOMIC PROBLEMS IN PAKISTAN NKUBWERA KU MALAWI KUDZAPANGA FACILITATE SUCH A HUGE DEAL WITH MALAWI GOVERNMENT.

WHY WAS HE NOT ARRESTED INSTEAD THEY ARRESTED AN INNOCENT PERSON?? KODI YOU THINK ALL OF US WE CANT READ BETWEEN THE LINES?

SERIOUSLY ALOMWE THEY ARE TRYING TO PROVE A POINT KWA A TUMBUKA BY LOOTING AND SQUANDERING OUR FINANCES.

GOD IS WATCHING YOU ALOMWE .

Agenda Setting Theory
Guest
Agenda Setting Theory

By the way, why has it taken about 15 years before the corruption case involving Bakili Muluzi is concluded?

mpilu
Guest
mpilu

kodi Mcakulu ma millions aja anabweza kapena wagulila ma relatives ma business, magalimoto, ma hoilidsys etc ????????

vikhumbo
Guest
vikhumbo

Where is the Reserve Bank in all this. I believe when it comes to large amounts of money as in this case, the reserve bank gets involved. Someone school me please. what about the Financial Intelligence Unit. what is the use of all these offices if phindu silikuoneka

The trouble you asked me to finish
Guest
The trouble you asked me to finish

It is collusion boss. They are very much in the equation maybe as a constant somewhere in the DPP fraud formula.

Shaaaaa
Guest
Shaaaaa

Don’t rush to post if you don’t know. What has this to do with the Reserve Bank.? Is it not the Financial Intelligence Authority (not FIU it changed long time ago) that uncovers these financial crimes? Mukamati phindu lake silikuoneka mukutanthauza chani?

vikhumbo
Guest
vikhumbo

pepani ngati ndakukwiyitsani. The reserve bank is the chief controller of ndalama za dziko. they need to put in place measures as well as enforce them to safeguard the public purse . That is why I said someone school me . inu ngati mukudziwa just explain if I am wrong mukandinyoza mupindulanji. mtima wanu usangalala?

BIG P
Guest
BIG P

Chocho dziko litukuke ?my foot

Innoxy Charles
Guest
Innoxy Charles

Ndim’mene zilili pamalawi, Mutharika naye sakusamala ndipo akunenetsa kuti azibabe mpakana amalawi achimine.

Chejumo
Guest
Chejumo

Kkkkk koma pamenepo

chimanga
Guest

Malawi at its best

The trouble you asked me to finish
Guest
The trouble you asked me to finish

If Mutharika did not personally benefit from this corrupt transaction then who benefited from it? Why was that person or entity not taken to the court to answer to Malawians who pays tax which is being embezzled by this corrupt regime? What we see is collusion by ACB, Fiscal Police, DPP, Mutharika and DPP (party) to defraud Malawians. Think about this good citizens: Chancy Gondwe is and has always been a DPP cadet. He is one of the lawyers who is representing Mutharika in the election case and the same Chancy Gondwe is representing Khato contractors who are suing our… Read more »

ANSAH MADANDO PITALA
Guest

.MUYIMVA KUWAWA DPP PITALA HEAVY TERM YINO AGALU INU —AKUNYENYANYENYANI KUPONDEREZA SIZINAONEKEPO —–ALIBE POLOBOLEMU —

Graham Zali
Guest
Graham Zali

So ACB arrested Mishek Esau as a third party but not Karrim….WOW….This is a Land of Lomwes and Indians.

Kado
Guest
Kado

This is stupid government I have never seen before. You think this is lomwe land? You fools. DPP

Graham Zali
Guest
Graham Zali

I agree it is a stupid government. But what are we doing to stop this nonsense? We need to fight this corrupt mentality of our leaders and terminate this one tribe dominance instantly.

Kate
Guest
Kate

Join the discussion…UTHAKATI

National CEO
Guest
National CEO

Please do not mix a party with a tribe, not all Lomwe people are happy with what DPP gurus are doing.

james
Guest
james

zamir karim is pakistani not Indian