FDH bank CEO Mpinganjira in court for contempt
FDH Bank Limited chief executive officer Thom Mpinganjira expected to appear in court next month for contempt of court under Civil Cause number 681 of 2013 between the bank and Maranatha Girls Academy Limited.
Mpinganjira and FDH head of credit Tiwonge Khoje are accused of “contemptuously disobeying” two court orders on the long-drawn casw with the Academy.
The bank is supposed to make a payment of K784 830 909.16 (about $1.2million) due to Maranatha Girls Academy Limited as compensation for loss and damage arising from a breach of three months statutory notice by FDH Bank.
Court documents show that Maranatha Girls Academy Limited sought declarations on a matter regarding a notice of intention to sell the applicant’s property Title Number South Lunzu 7/45 (Maranatha Girls Academy Limited) advertised in the newspapers on September 17 2013, which the court found to be wrongful and flouting Section 68 of the Registered Land Act.
The court ordered that the registrar should assess general damages arising from the wrong.
The High Court issued a notice order for Mpinganhira to attend court hearing next month but he refused to receive delivery of the notice, according to lawyer Cassim Chidothe who is representing Maranatha.
Chidothe said he recorded that he served Mpinganjira the court notice and that he is aware of the matter “whether he signs or not.”
Judiciary spokesman Mlenga Mvula confirmed that the matter is coming in court next month for inter-partes hearing for committal to prison.
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The organization CEO is an overall incharge of all operations of the organization. He advises or supports every organization department unless otherwise. He is never spared from getting affected by a departmental inefficiecies. He is behind major decisions affecting organization operations. His timely decision can prevent predicaments of an organization. Of course zikavuta, unfortunately pamakhala kuloza ena dzala. Unlike when success is registered
All these problems we are fasing,economy ,Hunger, insecurity ,shortage of drugs in hospitals it’s because of Thom ukudya wekha ndalama zaboma ndi pm mwapasana bank mpakana, nde dziko lingayende amalawi 2019 chakwela bomaaaaaaaaah bolaso stern inangogulisa ndege, ndikuyambisa cashgate, kumangokhalilaso panseu .tonse tiyeni kunyumba kwa mpinganjira tikadye watibelamo ndalama mboma ameneyu ndi azinzake a dpp.maizegate y’all chaponda ndalama zinadusaso fdh pochoka kunja akudya agaluwa shaaaaaaaaa
Tikusetera Thom, zimatiwawa zochosa chosa ana athu uyuso wa maranathayu musamudye ngati njaunje, mbendera tiziwa kuti ndiwe anthu oipa magazi mmanja muona 2019
Oh yeah what goes around comes around Thom u can never have piece u have more enemies remember those 250 people u deployed they are suffering with their daughters ,sons, wives, husbands plus akuchosedwa siku siku nkomwe nkomwe timamva kuti anthu sachedwa kuchosedwa kwanuko. All these people their souls are crying and u think u can have piece. Muyaluka nazo izi change Thom ask God for forgiveness.
Iwe Thom akumange tikufuna nkazi wakoyo; Mumthu umachita makani ndi khoti
A Mpinganjira imvani chisoni mpatseni zake mwana munamuphera business ndi tsogolo lake mwana.
Kulemera kwanu ndi kwa ufiti a Mpimganjira.
Kambani nkhani iri ndikunyoza khoti kuziona uduli poti Ali ndi ndalama zomwe akumatibela ndi pitala amangidwe basi bank yanthuso akachoka pietala tizalanda tikuvutika chifukwa chafukwa anthu awiri
MBAVA ZOKHA ZOKHA IZI.
MARANATHA STAYED IN KEZA WITHOUT PAYING RENT FOR A LONG TIME. WHEN THE OWNER WANTED HIS MONEY, HE WOULD RUSH TO THE COURT. HE LEFT WITHOUT PAYING. HE IS A THIEF.
MPINGANJIRA STOLE MSB FROM THE PUBLIC. THIEF.
SO ATAMBWALI AKUMANA OKHAOKHA. IFE ZISATIKHUDZE.
After theft, rushing court for protection? No you’ve missed some points. Or else you mean courts are to blame, can’t function? Now if courts don’t function then, how could we realize thieves as we have all innocent until proven guilty? I think a malawian court of law can make more sense that you who just go around speculating. Facts please!
You can’t commit an offense then rush to court without facing just even when Malawian could be highly corrupt. Comments here could not mislead
No way! You can not commit an offense, rush to a Malawian court and get no apprehension. No! Don’t mislead people here. Malawian courts could not get that far if they could. Initially no one is above the law . That’s why even top government officials or millionaires face the justice administered by our courts. Hope you are aware of recent judicial effects on some high ranking individuals. So the attitude of taking Malawian courts forgranted might lead you to regretting it the way it is happening to someone right now. Facts please other than mare allegations and speculations.
Why is FDH behaving suspiciously? In suspicious circumstances they bought our Malawi Savings Bank and now they are in for contempt of court? Very sad I hope rules of natural justice will apply. Amnd why refusing to sign the served summons? Kuopa chani? Zikutitopetsa kumamva nkhani zosakhla bwino kuchokera bank imodzzi imodzi
Something smells on this issue. Mpinganjira is not FDH Bank as per the Salomon Vs Salomon
1897 Binding Precent. Refusing to sign court orders is not contempt unless one defies subpoena
and fails to attend the court. I am not sure how Civil Matter would require CEO to be there if
Judgement was already meted out by High Court as FDH Bank Ltd appealed. Any way lot of
details are missing and haters are just taking podium without trying to understand what is here.
Most Tumbukas hate Mpinganjira yet he employees them lot. Tiwonge Khonje, Sitabene Malange,
Soubuza Ngwenya, Mbachwaza Lungu, Nhlema chief dealer and so many of them. Why such hate?
Uyo akamba zasabata, kodi Radio Adventist amatseka Saturday? What about Adventist Hospitals,
Gombwa, University? Mukuti chani? Kodi ndalama sizofunika Saturday? Awaaaaaaaa!
Chikopa, Don’t talk of closing Adventist hospitals on Sabbath. Even Jesus healed a sick person on Sabbath. The only departments that are closed on Sabbaths are the offices, OPD, Cashier, Pharmacy & others. Labs only open on emergencies but wards are always open to attend to the sick as patients are always there on Sabbath & attend to emergencies. It’s not about money but saving lives
FDH gave a toxic loan to Bright Msaka to approve the sale of Malawi Savings Bank, loan now written off. Principal amount was K300m. ACB please do your thing.
FDH opens on saturday, Exodo 20:8 ikuti olo wantchito wako asagwire ntchito. Mpinganjira accepts to break sabbath coz of money. FDH tops on interbanks short term lending, it borrrows daily with NBS Bank. Kuswa sabata Mpinganjira.
Ngati Mpinganjira’s bank opens on Sabbaths, that’s own his sin but truly hospitals remain open to care for the sick. Remember man was given the power to choose & if he chooses to sin for personal gains that’s his own mistake
uyu wa maranathayu ndi ntumbuka wakuba.
Talankhulani zomveka. Anakuberani chani? Osati simumadzinvetsa zinthuzi? Try more education. Zimayendera mabuku izi.
Eheh, nanga Grace Obama Chiumia ndi Lex Kachama aitanidwa litikudzayankha kontemputi yomweyo?
when you think you can abuse justice, justice abuses you. The whole CEO for a bank for that matter failing to appreciate the role courts play in an economy, shame. Investments in an economy can’t survive without general respect for the courts in regard to law and order.
Open your eyes FDH
a mpinganjira nde muyambe kulowa prison mapuya akulamulila? nanga akadzachoka? Bank munagula mwa ma deal iyo tidzatenga
Kusamva abwanawa analemba ntchito tiana tama lawyer takumpingo wao toti cant advise him anything. Overtrading yamupha mkului. Slow down boss, you cant disobey the law, why refer legal matters to marketing, bwana umbuli kapena chani?
Malawi banks you like destroying businesses other than building them and build the nation.