Public Accounts Committee (PAC) has engaged Transparency International and three state agencies to probe and bring back K91 billion allegedly stashed in offshore accounts by former president Bingu wa Mutharika.
Mutharika is suspected to have amassed the wealth through theft and corruption.
Chairman of PAC Alekeni Menyani said the parliamentary committee members agreed on this at an extraordinary meeting on Saturday in Lilongwe.
PAC has also engaged the Financial Intelligence Unit, the Anti Corruption Bureau and the Auditor General’s office.
“We have given them four to five weeks to finish their proble. As a committee, we will present a report to parliament based on their findings,” said Menyani.
Mzimba South MP Harry Mkandawire presented a document in Parliament alleging the former head of state, whose slogan was zero tolerance on corruption, was allegedly involved in high level corruption.
His critics say he received a 10 per cent cut from all government contracts awarded to Mota Engil, an international contractor, allegations denied by government ministers.
“As PAC, we are lead investigators on this inquiry but had to ask other partners to help us,” said Menyani.
Mutharika declared he had K100 million wealth in 2004 when he was elected president but died in 2012 a very rich person.