FDH Bank withdraws court injunction on HRDC after ‘cordial discussion’

FDH Bank has withdrawn a court injunction taken against the Human Rights Defenders Coalition (HRDC) restraining the group from releasing a report citing the bank’s involvement in politics.

Thom Mpinganjira’s FDH remains committed to serving Malawians professionally

In a statement made available to Nyasa Times, the Bank said the injunction has been withdrawn after a ‘frank and cordial discussion with HRDC leadership’ on the matter.

“The bank wishes to clarify that the injunction was not meant to stop HRDC from organizing demonstrations on governance issues in the country.”

“We therefore wish to advise the public that FDH Bank remains committed to serving Malawians professionally adhering to rules set by the regulator of financial institutions in the country, the Reserve Bank of Malawi (RBM),” reads the statement in part.

Reacting to the withdrawal, HRDC Vice Chairman Gift Trapence hailed FDH Bank for withdrawing the injunction.

“What they have done is very commendable because we were surprised with the injunction in the first place. We would like to urge people to be on the lookout of false information which may end up tarnishing the image of innocent people and organizations,” said Trapence.

FDH Bank obtained the injunction last week which stopped HRDC from making public, a report dated 5th July 2019 which among other things alleged that the bank financed the rigging of the May 2019 elections.

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Maria
Maria
1 year ago

“Cordial Discussion”

Suzana
Suzana
1 year ago

FDH Bank ndi bank ya DPP Tippex Government. We shall see.

Fact
Fact
1 year ago

full time anti-dpp guru here. But yall criticising FDH are very wrong. This is a fully grown Malawian ownedwell only Big bank, Inakakhala Standard bank or National bank anthu sanakaikoka nkhaniyi but Malawians hate to see another Malawian do good. The fact that its owned by a Malawian eats people up inside. This hate against FDH aint cause of the elections, its natural in Malawi!!!! Tizafadi amphawi kuno

chimulilenji
chimulilenji
1 year ago

mwayamba kuzinyumwa nokha tu ????` FDH provide money kuti dpp ipange offer ndalama kwa ma prisiding officer a mec then amaona ngati awayalutsa mpake amachita ngengunje

Kaka
Kaka
1 year ago

Don’t discuss with Trapence. Sue him and HDRC and make them pay dearly.

Chemwani
Chemwani
1 year ago

All these years I thought he is a genius but after a friend schooled me I said God have mercy on my ignorance.

Haryfurusy
Haryfurusy
1 year ago

I would like to ask Thom to properly to the general public the real reason of his injunction withdrawal as the reason given is not valid. One thing Thom forgets is that one day his friends in government inclusive RBM who often times backs him due to Lomwe grouping at RBM will go leaving his business suffocate.
Whether one is a Rev, Dr, Prof, cannot further fool Malawians. This is where one must be very careful.

Risible
1 year ago

Reset button? First, do not press the SEND button. We still have to launch full investigations !

Njolo mpilu
Njolo mpilu
1 year ago

Pls what is now tinhgomva fdh,fdh whats all about the nonsense after ma rigged elections. Can someone school me on wats happening.
Than the old coffers looting style

Sona Moyo
Sona Moyo
1 year ago

FDH Bank, iyi ndi bank yomwe idzafinyidwe heavy boma likadzasintha. Ladyerera ndi boma ili ndipo yafikapo.

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