Outsspoken deputy chairman of Public Accounts Committee (PAC), Kamlepo Kalua, has accused government of failing to fund the committee which was asked by the House to investigate reports that former president late Bingu wa Mutharika had stashed K61 billion in offshore accounts.
“Treasury has not funded parliament for this exercise. Parliament agreed that PAC should investigate this as soon as the House rose but this never happened and this is bad for governance,” Kalua said.
Mzimba West MP Harry Mkandawire presented in the House a document which he claimed was evidence that the former head of state had the money in offshore accounts.
The legislators then agreed that PAC should take charge of the investigations so that if proved to be true, the money can be brought back to the country.
“The government is deliberately putting this issue under the carpet because it involves the Mutharikas. Malawians will never know the truth on the issue,” Kalua said.
Mzimba West MP Harry Mkandawire brought a motion in the House asking the Minister of Justice Samuel Tembenu and the whole government machinery to bring back the alleged wealth which he said is in various bank accounts and various countries.
“There is money there which belongs to the people of Malawi,” said outspoken and fearless Mkandawire whilst presenting copies of a document containing the allegations to Speaker Richard Msowoya, the government side and Leader of Opposition Lazarus Chakwera.
Mkandawire said the money would help resuscitate the ailing economy.
Bingu wa Mutharika died of cardiac arrest in April 2012. In 2004 Bingu declared his wealth at K150 million (about $375 000.
Mkandawire said the wealth which Bingu accumulated while in office from 2004 to 2011 cannot be explained.
He alleged Bingu obtained the money illegally and through cashgate and shoddy means, saying the money and assets belong to Malawians.
Government-hired assessor Yeremiah Chihana estimates Bingu was worth K92 billion when he collapsed and died due to heart attack in 2011, allegations the DPP has denied.
DPP disputed the figure, saying it was exaggerated. They, however, failed to disclose how much Mutharika, accumulated while in office.Follow and Subscribe Nyasa TV :