Malawian billionaire disowns daughter over debts, draws mixed reactions
A Malawian billionaire with huge investments in real estates has put up notices in social media platforms disowning his own biological daughter whom she is accusing of soliciting debts with promises that his father would settle them.
In a statement, Jimmy Koreia-Mpatsa says himself or his Mpatsa Trust will not be liable to settle debts solicited by his daughter, Jacqueline Koreia-Phakamea.
“The following is also worth noting; Jacqueline is also a married woman and ceased to be our ward in September 2016, Jacqueline ceased to be an employee of Mpatsa Trust in March 2020, Mpatsa Trust and all its affiliates and assets will not be used to settle Jacqueline’s debts,” says the statement.
Mpasa does not say how much Jacqueline has accumulated in debts which prompted the statement.
There has been mixed reactions in the social media platforms over the statement, with some saying Jacqueline is a troubled child while others say Mpasa is just a difficult father.
“Jacqueline is scandalous and can cause problems to the Mpasa family. She behaves widely,” posted one Facebook user.
While another, said the father should have handled the matter “within the family or the trust.”
Mpatsa Trust have investment in farms, lodges, and transports.
Raised from single parent, a mother in a family of three boys. Mpatsa went to Soche secondary school then Self-studied advanced level economics, law, and English literature.
Business and family is two different things
Well done Mr mpasa ur daughter may learn something.
If she had some problems she would have talked to you before.
Always take note that people are dying leaving the so called wealth coz of covid. Plz Mr handle this issue in-house rather than bringing it on public. U wl just get insults from people.
asova mwana akakwaila basi azipanga zake pabanja pake …….ampatsa sinalakwise inu zikakuvutani mumapita kwamakolo ngati/.?
I personally see nothing in protecting the general public from being duped by this daughter of Mr Mpatsa, for me he is right. The other issues can be settled inhouse.
Mr Mpatsa has done his public duty to protect the public. People might the daughter to be from a billionaire family but actually people should be duped as a result.
money should not devid family father put family first she is your daughter you has no choice my daughter went to bank and bollow money with her husband build there home and fail to pay back the money myself l never noticed but aftee things get worse they come to me and tell me that they’re going to prison guess what l pay the bank because she is my daughter and l never let money to tears me with my daughter l play my part now is your turn just do it.
This is not actually money but business interest .
We Africans we have been failling to run day to day business because we don’t separate between business and family.
Nkhani zina zimafunika kungokambira mnyumba monga banja ngati bambo ndi anake osati mpakana pa facebook ayi.
Mwanayu akumatenga ngongole kwa anthu akunja osati kubanja kwawo. What the father is trying to do is to protect those money lenders. Sanalakwitse a Mpatsa
There was absolutely no need to make this public. And to humiliate your own child over money. He could’ve used a lawyer and kept things discreet instead of a childish emotional outburst on Facebook. Money truly doesn’t buy class.
so if he did it privately, how else were the other parties meant to know. By the time he is doing this he must be tired of what is going on.
People with this kind of money alsways have a way of doing it without being public. These sorts of family issues happen in the Mwenye community all the time but you’ll never here about it in the news because they’re smart and know how to handle their business discretely. Mpatsa needs to do the same. Things like this only damage his own brand and business.
If what is written on social media is the above note, Nyasa Times must revise it heading. I do not read anything that sounds like disowning a daughter here. Rather, it is a notice to his daughter’s debtors that he is not responsible for his daughter’s debts. What is wrong with that statement? Why spend money buying a lawyer? Business people have principles and they go by them. Those who think they should be discreet, go ahead wid it
Mpatsa is right some children behave like agents of the devil no matter how you try to put them in line they will always want to drag the parents in their mess, let alone uyuyu ndi mzimayi sakuyenera kupanga zopusazi munthu wamkulukulu kukanika kupanga zooneka payekha koma basi kugwirizana ndi zigawenga just to siphon money from a father, hell no! disown her until she starts behaving, that’s the problem with children born with silver spoon on their mouth, they think money is made by just a click of a finger, let her feel what it means to make such wealth, ana ama 2000 akuphweketsa too much!
The one Phakemeya is he the one who was named in the murder of Linda Gasa. If that is the case it is not surprising that she is involved in such scandals because Phakameya is a known criminal from Kasungu.
Kodi mtola nkhaniwe ukamati raised from a single mother umati ukutiuza chani? Alipo amaleledwa ndi amayi more than mmodzi? Kapena umafuna kunena kuti raised from a single parent ndiye chizungu chinakupeta?
Nanenso ndudabwa tu
This is what is called TOUGH LOVE. I’d leave the father and husband alone. Bundling the Phakamea’s into this is out of line. The husband is a seasoned Pilot and I’m sure independent financially. Vuto ndi Mwanayo. She needs intervention im sure. Well done Jimmy! I wouldn’t change a thing.
While I generally agree with you, If you say the husband is financially independent,by the same token the wife should be also.
The wife is responsible for the household,the husband for ensuring the household has the resources to run.
This story we have is the tip of a private iceberg.
which airline does he fly again.Mzimayi watopa ndi mzibambo wa maluzi,matatma ndi kunyoze anzake.Iyisova
The pilot is not the the husband to this lady. The pilot lives in Nigeria and is married to a Nigerian woman. Get your facts straight.
Something smells fishy here. How can we be sure its not a trick between father and daughter? Daughter collects millions from unsuspected malawians with the fathers knowledge and then once enough capital is raised, father disowns the daughters debts? Malawians we should open our eyes, these rich people plan in smart ways to create their wealth. All this time Mpatsa did not know his doughter was up to these tricks, only new that now? Really? If you belieave that, I have a swamp behind my house for sale.
‘ Froud ‘ kaya ndiye kuti chiyani ?
It seems you don’t know mpatsa.
Give us a break please . Iwe ndi ndiobvutika bolanso ine .
Aaaaaa! inu ndi achidzete ndithu
Mfundoless
Nothing wrong here, business is business this is why Korea- Mpatsa is a billionaire. Pa business sumapanga zachibale. That’s how a lot of Malawian businesses fall. Ndalama za business kumapangila maliro, that business will fall. There is absolutely nothing wrong he has done. In america after 18 kids go their own way.
Who, among the accusers of Mpatsa, would tolerate the behaviour of a married daughter accumulating debts, most likely without the knowledge of the father? The husband must be a gold digger as well if he knew what was going on.
The husband is not a gold digger,he is a very experienced pilot who has worked for Air Malawi for such a long time and he is stable , i think we should not conclude based this news
Noted.
He did not disown his daughter,rather her debts.
Malawian billionaire? Kikikikiiiiiii. Do we have billionaire in Malawi? Musandiseketse ine.
Btw, billionaires are made of USD and not your worthless MK incase you didn’t know.
Inunso ma jealous azakuphani. Ingokhalani Chete. Olo 50 million Zimbabwean dollar simunayiwonepo ataa . Mxiii
Sure bwana Bauleni,nsanje yopanda ntchito, mwina amafuna ali iwowo che kabwafuwo nde anakakhaladi billionaire
Ndizoona mangochi kabwafu akulondola INE ndimaseta azungu mukunenawo- Koma simungamanene kuti billionaire wa ma kwacha ndi chimodzimodzi ma billionaire ena osatsimikiza kuti billionaire wake ndi wa ma kwacha, mukati billionaire ndi chizungu, si chichewa, Ku Malawi Kwachuluka a bulutu nkona anthu amachoka, amalemba nkhaniyi anakalemba kuti Mpasa ndi mwana alirenji osati Billionaire nonse amene mukususana ndi mangochi kabwafu above ndinu mbuli osazindikira and kuzindikira sikukhala ndi ng’ombe Ku Malawi or nyumba yayikulu. Umbuli wangochuluka nkona dziko liri the POOREST IN THE WORLD nkumakhala kumatamililana kuti Ku Malawi anthu akukhala ndi ndalama UMBULI TOO MUCH
At least its something someone out there is really working hard on. for us, it all starts with MWK then other currencies hence Malawian Billionaire. This your negativity wont take you no.
tamangosetani nkhalambazo ku America. mulinchani inu.
I agree it is true
Inu mukamakhala ku America ko mukuona ngati mwapambana? Kuli anthu tho ovutika kumeneko amene ndakhala ndikukumana nawo pa maulendo anga onse ambiri ndakhala ndikumabwera uko. Akuchita kusowa ndi ndalama yogulira ticket ya ndege yodzawonera abale Kuno kwathu. Umphawi Uli tho! kungofera kukhala ku America.
I also met them. So many Malawians struggling in USA. They are busy selling newspaper. They have nothing. Anzawo we are building houses in Malawi and eating 3 times a day
tinaonela pitala munthalika.kkkk
free 1st class air tiket
free food from day 1.
kupanda bingu kumuitanitsa pano akunamizabe anthu ku US kuti ali ndi lphd kumaphuzitsa pa city college.
anyway za Mpatsazi akambisane kwao konko
This is one asinine comment if there ever was one.
“Billionaire” is contextual. In the context of this article and Malawi, Mpatsa is a billionaire.
Please show us where it says “Billionaires are only made of USD”
Jealous and stupidity at its best here.
How is the Kwacha worthless. Based on what. Coz even a mere K1billion is a lot of money by any standards. It’s over USD1milion and can go a long way whether it’s in Malawi or the US.
Iwe mangochi kabwafu !
Usandilankulitse pambali wambva iwe . Nyumba ulibe umakala pa rent , sukulu siunamalidze chifukwa chotsowa fees , actually you are the most useless person who posts zintu zopanda pake.
Sometimes it is better to keep quiet than showing the level of your stupidity to every one on this forum
Jimmy, you are an inspiration. You worked hard for every Kwacha you have. A hard work lesson for us all and, dare I say, our children!
Why should the father settle his daughter’s debts for sure? Jacqueline is a an independent woman and no more a child. Sometimes you can think that its ger husband who sending her to her father to settle the debts on her behalf. Knowing the Phakameas, they are also spoiled children. Kuphaka life kuphakira mthumba mwawina? Shame.
I totally agree with you
Mkazi ameneyu amapeleka ndalama kwa amuna omwe amufaka battery….. She pays so well. Banja lake ndi chigoba.