Malawi hires external auditor on K236bn Cashgate – Finance Minister

Minister of Finance, Economic Planninbg and Development, Goodall Gondwe has told parliament on Friday the government has hired an external auditor over the  ‘granda corruption’  K236 billion cashgate spanning the administrations of Bingu wa Mutharika and Joyce Banda.

Gondwe: External auditors to probe grand corruption

This will put to rest suspicions that seven cabinet ministers were involved in the loot of public resources.

Gondwe said DfID, a British government arm of development will be providing the technical know how.

“We will be spending half a billion for this and I will be bringing the budget in due course during the mid-year review budget presentation,” he said.

He could have not say who the external auditors would be.

This comes at a time when the Public Accounts Committee of parliament said it had completed its own probe on the matter.

Former president Bingu wa Mutharika is also accused of stashing K96 billion in foreign accounts, accusations President Peter Mutharika and his government have vehemently denied.

President Mutharika has always described any attempt to probe the massive cashgate as harassment to his family.

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Rington Taibu
Guest

Malawians lets STAND UP AND SHOUT NO TO THIS USELESS THOUGHTS OF HIRING EA. AKUFUNANSO ADYEKO!!!!!

Aaron
Guest

In my view is just a waste of poor Malawians resources. The Minister has all names but he is just doing deliberately. Please brief the Nations which are in that External Auditor1`s Report. We as Malawian supposed to reason ourselves as why these Government bringing in so many activities to be done while problems are flying.

Pixy
Guest

Mwapeza podyera tsopano.This is just a waste of tax payers money.

mabusa
Guest

Why another external audit? The K236b where does it come come from I thought it’s from the audit so why another audit? We know K24b during JB and just release the Bingu era report and bring culprits to book. No more audit. Please Mr. Gondwe we don’t want another audit. MPs please don’t listen to this old man about another audit what for? Don’t allow him and their giver to keep on playing you. He wants to cover up Bingu and the involved ministers.

kk
Guest

So you know about K24b, who are the culprits?

And why plead with Gondwe? Do you really believe he just woke one morning and decided to have an audit?
Why do some Malawians think so dull?

Bob
Guest

Whats wrong with the previous audit? Explain in very clear terms. Why dont you audit this government’s expenses since 2015?

Tozer Tsono
Guest
The title of this piece, is missing out one half of the truth. The title ought to be Malawi hires “Malawi hires external auditors on the K236bn Cashgate, already audited by Price Water Coopers. So in June 2015 Price Water Coopers carried out an audit, pointing out discrepancies that should have been tackled and addressed by the Mutharika government once and for all. If a friend tells you someone has been seen swiping items from your house, you do everything to figure out who the trespasser is and to catch the person. But the Mutharika government has failed to champion… Read more »
Gift Kondowe
Guest

Nkhalamba sizingayendetse dziko

CommandToOrder
Guest
Thought the K236B came about as a result of an External Audit. How many External Audits are Malawians Tax money going to suffer. You are talking of spending half a billion for the second Audit. Does the government have money to splash out like this or you want to cashgate again the half billion. There are a lot of developmental initiatives that require funding including medicines in hospitals, ambulances than people carrying dead bodies on the back. Please Malawi leaders think developmental. Use the old audit report that revealed the K577B that was reduced to K236B and take action now… Read more »
CHINGALE
Guest

BIG BRAINS FROM RUMPHI
TALENTED !!

I THINK YOU CAN MAKE A
GOOD PRESIDENT MY MAN

sazilala mbuno
Guest

buying time. mpaka liti kodi? azaungu ena aja a ku UK munangowapatsa ma tax athu basi? pena saziwa nchito? comwe mukufunilaso ena ncani? iwe ndhara mapwala kuba zedi

wpDiscuz

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