Mike Msungama dragged to court over $47 200 loan default
United States-based Malawian social media ‘flexer’ Chawezi Sibongile Banda, daughter of Malawi’s former Finance Minister, the late Aleke Kadonamphani Banda, well known as ‘Chacha’ has dragged to court Lilongwe businessperson and Malawi Congress Party (MCP) official Mike Msungama over default payment of $47 200, Nyasa Times has learnt.
According to case Number 52 of 2020 in the High Court of Malawi Commercial Division, Lilongwe registry before Justice Annabel Mtalimanja, Chacha contends that she advanced the money to Msumgama through his bank account and a bank account of Ken Kapesi based in South Africa as per Msungama’s instructions.
She has tendered to court copies of bank transfers.
According to sworn statement by Chacha, inspite of the legal contract having specifically agreed repayment terms, Msungama has failed to pay any sum towards settelemt of the debt.
Msungama used the money to purchase a vehicle on December 25 2019.
According to documents Nyasa Times assessed at the court in Lilongwe, Msungama in his sworn statement filed in court argues that the vehicle was sold.
Chacha tells the court that if indeed it was sold Msungama has “no reasonable excuse not to pay the money he owes me.”
According to the sworn statement of Chacha, Msungama took the said loan with intentions to purchase vehicle in South Africa for their eventual resale in Malawi and would pay back the money as soon as it was sold and also pay school fees for his daughter at Kamuzu Academy.
Msungama last week donated vehciles to MCP for campiagn.
But the case of Chacha, according to court records, was filed before the donation and has been going on for weeks.
Msungama is known as the first person to be convicted in relation to Cashgate, the biggest financial scandal in the country’s history , but appealed on grounds that the Toyota Fortuner on which he was convicted of possession of stolen property found did not belong to him.
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Amati show me your 5 friends and I will show you who you are.
Here are Chakweras friends for all to see.
Watheka a DPP samutha only 30 days to go
Inu akapolo a DPP, is it because he donated vehicles to MCP that he has become a subject of ridicule?
Ngati mwayamba ma trick, kumabera anthu ndalama munjira zotere, mukalawa m’boma zikatha bwanji, mukulandira katundu ogulidwa ndi ndalama zakuba, koma mukuti inu umbava ai,
The other day he was giving 5 cars to MCP and TONSE alliance. Mbava za anthu
The whole thing does not make. $47,000 lending to someone. Are you a bank. Why did you not let him go to a bank. And guys. Frankly, I don’t understand.
It does not make sense. Samutha
Amangidwe ameneyo akumazitenga ngati dolooo
ngongole sumamangidwa nayo
Tell them . Ndiye atatimanga tonsetu
Ndiye nkumati ndivotera tonse alliance, atenga ngongole zoti azabweza ngati atawina chisankho. Be careful Malawians, watch carefully, the devil you know is better than you don’t. The devil you know it is easy to control than what you don’t know.
sopano tikamati tikufuna acinyamata titukule dziko please not in these likes. msungama musasokoneze maganizo aacinyamata ndi makhalidwe anu onyasawa. paja munali ku boys quarters musamapange zinthu ngati a njuga etini!! Ambuyanu aja tinkawadziwa .tingokhala cete.
u crook ife acinyamatafe taukana
This is the type of mbava you don’t want ku MCP please. I hope if MCP/Alliance wins, they don’t give him any political position. He is a crook not to be trusted. Anthu olawa mu politics kufuna udindo kuti alemelelepo nde amenewa.