Malawi govt to confiscate all ‘cashgate’ wealth -Report
Malawi government, with support from European Union (EU) and other development partners, is set to launch a special unit that will be responsible for confiscating wealth proven to have originated from proceeds of crime, primarily Cashgate, it has been reported.
The EU will also provide technical support to the Director of Public Prosecutions (DPP) in helping to acquire skills to investigate and prosecute cases of money laundering as well as to undertake asset forfeiture at the conclusion of cases, according to EU head of politics, press and information office James Dolan.
“ We will also, working with and under the direction and supervision of the DPP, provide technical expertise in setting up an Asset Forfeiture Unit in the office.
“The EU, along with other partners, is providing technical assistance to strengthen public finance management systems, which is an important pre-requisite to reducing corruption,” said Dolan as quoted in the press.
The special unit will facilitate the State’s wish to recover all assets originating from proceeds of various financial crimes.
Meanwhile, Catholic Commission for Justice and Peace (CCJP) national coordinator Chris Chisoni welcomed the development on but cautioned that such a unit should be backed by a strong legal framework to ensure that the recovered assets and resources are not abused again.
Malawi Law Society (MLS) honorary secretary Khumbo Soko said while the idea was interesting, the society would await details of the proposed operations and legislation of the unit before making comment.
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Dpp yonse ndiyakuba mesa paja nthawi ya ma vote munkakondwelela nde apa mukulila chani.panyapanu.
LUTEPO is just an instrument used by the thieves in doing there deal, and you arrest the instrument letting the main thieves go. WTF.
Does it mean that those of us from poor families will die poor? Let me know so that I should not waste my time working so hard for a bright future.
Muluzi should also be prosecuted for 1.7 billion kwacha and if found guilty his properties should be confiscated.Bingus Casablanca manor should be confiscated too.He couldn’t make 61 billion kwacha wealth within a short period of time in a poor country like Malawi.Pitala has also benefitted alot from his brother’s loot.He also needs to be grilled.Thereafter Joyce and his pot bellied sons who were also growing wings in town thinking that their mother will be there forever should also be taken to task.Malawi needs to overhaul the whole useless crap system.It has just bled a culture of laziness and thieves.Everybody should… Read more »
Not bad
Get back any asset associated with money looting.
Jaaaah take it away from the thieves and give it to the crooks!
Just stupid!
welcome development, just need thorough structures before being effected
Ndata should also be investigated, how can a person who was driving a minibus for a living build such a big mansion in 8 years? The salary of a president does nit match up with the mansion. Simple and striaght forward.
It will not see the light of the day–there are huge self-interests at stake! It is too good an idea to be true! Only someone as patriotic as the late Kamuzu Banda could implement something good for the country!