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Hlabezulu Ngonoonda
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Hlabezulu Ngonoonda

Generally banks should set aside huge sums of money to beef up their finances against the risk of bad loans. That is in case of shock where some borrowers cannot keep up their repayments. People connected to politicians are generally pockets of risk that warrant vigilance. Banks should think twice before deciding to lend them too much money. What those loan defaulters have done is more or less similar to that Cotton Ginnery CEO Abdul Rieman. The guy did not pay anything but fled to Pakistan with billions of kwachas.

Rift Valley
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Rift Valley

What is in it for the judge granting an injunction? Rotten to the core; that’s what Malawi has become.

Solution: Kick out the corrupt thieving DPP government come May 2019

Andree
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Andree

Hmmmmm! very sad. If what this Shadrick Mphande is saying is the truth, then something must be done. You Human Rights organization and parliamentary committees pick the issue up. It is our hard earned money being abused.

Mwendelulu
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Mwendelulu

THE PERENNIAL INJUNCTIONS TAKEN BY THE SHAMELESS DEBTORS AND THEIR ACCOMPLICES IN GRANTING THEM ENDLESS INJUNCTIONS SMACKS OF HIPOCRISY BUT ALSO TELLING A STORY OF GILT IS HAUNTING THEM. PROVERBS 28 : 1 – 2A

Mzika Yeni Yeni
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Mzika Yeni Yeni

Really I don’t know what Mr. Mphande is thinking here. Does he really think Muli and his defaulter friends will pay these toxic assets when DPP is Ruling? He should be cheating himself. Please do not cheat Malawians Mr. Mphande. The only way for these guys to repay is when DPP is kicked out of the so called government. After all when we say government this time we mean DPP Party. These people were financing DPP with these loans. Ndiye mukuti alipire. Alipire ndi ndani?????? Bvuto ndiloti A Malawi a mbiri sawerenga za Nyasatimes izi. They do not have the… Read more »

Kaitano
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Kaitano

Koma zilikotu!!! Malawi! Malawi! i can see flames from Hell!