Email a copy of 'Justice Mwaungulu orders review of Mulli assets : Malawi Savings Bank saga' to a friend
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Email a copy of 'Justice Mwaungulu orders review of Mulli assets : Malawi Savings Bank saga' to a friend
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In my recent article published by Nyasa Times I pointed out that according to the Minister of Finance tax revenues...
What is surprising is that in spite of all those big loans, Mulli can not show evidence of mature development project apart from Nali. If I were him, I would be an owner of shopping Malls and even Stadia but because he only had money without brains that’s why he is basically still poor. NONSENSE
Potenga ndalamazo mumachita kugwadira pano kuti mubweze mpakana ku Supreme court are you really serious? Ifenso tinangongolako pano we are about to finish zako izo.
Let there be a special follow up, until justice preveals- Malawians should know the stand of of their Tax
All said but the fact is that finally muli is cornered.or APM knows full well iyi yili pauta
Can anybody explain why Mathanyula lawyer is also defending Mulli? I smell a rat.
Even if the property is valued at K1 trillion, it does not mean it will be sold at that price. It could be sold for K2million God willing.
When the loan was being taken, there were chattels that were attached. The issue of revaluing does not arise. If Mulli was clever then he should voluntariry sell off the property and square the loans full stop. Revaluing is just paper money.
The judge failed to see the diofference between paper money and actual money. The revaluation does not help the case in any way. The valuation could be K1 trillion dollars, but what matters in this case is how much the bank would realize after selling the assets. Mulli took actual money. He must return actual money. The valuation doe not in any way guarantee the bank that the asserts would be disposed off at that value…
No justice here!!
Property appreciates as time goes on. You wil find that the value of this propertycombined will be over 10 billion Kwacha. Naval will only dispose one or two properties to pay off the loan. Clever!
Ya kokani ndalamazo basi no excuse
Thus Mwaungulu i know