MP Lunguzi for review of Loans Board Act:  Malawians appalled with K17m spending  on diaries

Revelations that High Education Students Loan Board has spent over MK17 million for the organisation’s diaries and loan forms has appalled and incensed most Malawians as the cost deviates from the institution’s core mission of providing loans to needy students and  Dedza East member of Parliament (MP) Juliana Lunguzi is calling for review  of the legislation.

Lunguzi: To move the motion

Chisoni, CEO for the Loans Board who approved the contract

One of the news outlet reported  that the institution,  popularly known as the ‘Students’ Loans Board’s Chief Executive Officer  Chris Chisoni even authorised that the printing process be handled by EE & A Enterprise, a company which allegedly belongs to his wife, Esther Chisoni.

And more shocking are further allegations that this is not the first time that the Loans Board did business with EE & A Enterprise, which led to the firing of its Finance and Administration Manager for questioning such dealings.

Posting on Facebook page, renowned writer and social critic Stanley Onjezani Kenani opened a hot debate over the issue by questioning the rationale of such huge spending.

“The Board has spent K17 million on what it calls “loan forms and diaries.” Really? Do they need to spend all that money on printing forms? Do they need to spend a fortune on diaries?” queried Kenani.

“Can’t they just be buying papers and printing the forms themselves? As far as I know, there are less than 8,000 applicants this academic year. Assuming  each uses one form, K100,000 would be more than enough to print all of them.

“It’s not as though they are printing money. These forms require no particular security features, after all applicants’ names are validated by the academic institutions where they belong. I smell a rat. There could be something going on that we do not know. I wish this was audited.”

Louis Mlangiza-Banda responded by saying: “Which forms? Some applicants download forms on their own from the website www.heslgb.mwto fill. As for diaries, well, for who? The workforce at this organisation is quite small.”

On another post Fumu Yikoleko said it is absurd to spend so much in printing diaries against a situation where the country continues to have so many students failing to pay tuition fees in public universities.

“MK17million by any standard is a lot of money. The CEO of Loans Board should explain to Malawians the rationale behind this obscene procurement. If he cannot convince us, the procurement should be reversed and he should resign.

“It would appear he doesn’t know the reason the organisation he is working for was set up for,” Yikoleko said.

Dorothy Tembo Nhlema confessed that that was the more reason she is justified in her not repaying her university tuition loans.

“Give me a student, I will pay for him or her…. I cannot [repay], mark my words…Muzikagula ma diary nkumaba (you want to steal in the name of printing diaries?”

Levi Zeleza Manda responded to her by saying, “Some of us foresaw this and we refused to pay back anything to the state.  Our country is milking us dry.”

Vera Kamtukule said: “This is appalling. As someone who repaid my loan at this very board, particularly disgusted!”

Gerald Chimbalame said this development is really pathetic taking into consideration that many students are in the universities yet they struggle to pay for their own food “yet their loans “board is spending such huge amount on useless things like diaries.”

Levi Chirwa took  swipe at the Board’s CEO, saying Chisoni used to be very vocal when tackling governance issues whilst at Catholic Diocese arm.

“[But] now he is partaking in looting government resources. He has thrown away his  Christian values, if he had any at all. Let him be probed too. But as usual there are so many sources of funding through corrupt ways, he will be spared. Believe me!

“This is surprising when profit making organisations cannot afford expensive calendars or diaries and paper printing.

Levi Chirwa joined others who asked the Anti Corruption Bureau (ACB) to probe the issue, saying: “What else do they want? The copy invoice is [available] and they know what the Loans Board is mandated to do. The expenditure appears out of line, unless vindicated by investigation.

“[The] diaries [are] for how many members of staff? Who are part of the Board’s clients befitting a diary, for what? Are they distributing to students who repaid loans as a thank you gesture?  Nothing adds up. How many application forms and dairies [and]  of what quality to be worth that much?” Chirwa queried.

Meanwhile, Malawi Congress Party (MCP) legislator Lunguzi moved a motion on Tuesday calling for a reveiew of the  Higher Education Students Loands and Grants Boards.

The private member’s motion will be  moved on Thursday, February 22, a day designated for private members business as motions, petitions and constituency  statements.

According to the  Order Paper, Lunguzi wants the Parliamentary Committee on Education to examine the Higher Education Students Loans Actof 2015.

She wants the review to address the great gap that exists and accommodate everyone.

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Russell Van
I was searching for loan to sort out my bills & debts, then I saw comments about Premier Lending Company. I doubted thus but decided to give it a try by contacting there email website they responded with their loan terms and conditions on how it works. i’was assured that the loan $50,000 instant will be credited into my account so I applied for a loan & paid the processing fee to obtain the loan. 72 hrs later, I was shock to see that my account has been credited} I got my mortgage and I paid for my husband… Read more »
Watematema Mutu

Take time to compare his credentials/qualifications and the job description/ demands of this post. They are far part! Lomwelisation at its best! Anabwelera kuzaweluka basi mkulu ameneyi. By the way how did the interview team ignore such huge qualification disparities? Only the drivers of recruitment knows!


It seems ukumudziwatu kwambiri ndipo umakwiya naye. Which qualifications does one need to have inorder to effectively manage such a parastatal. Because I believe that there was no Loans Board and he set up the structures and everything and you still think he doesnt fit for the role really? Corruption is bad but I think certain accusations are not fair.


Govt shd be in know how.. where the money is going… Tisanamiza or CEOs of these parastals.. Tinali ku Escom, kenako tikumva izi…Next will be this govt funded Oil company.. mungoti phee.. Trying to make money for campain.. tikukuonani..


Lomwenomics. He is a lomwe and he is doing this with all blessings from the dpp.


bastard chisoni yudasi weniweni castrate him.too much shithole


The Loans Board was solely created for him after facilitating and cooking the results of 2014 Tripartite Elections. He rode on the Catholic Church Back, The sins he committed are running after him. He committed sin of omission

Do anybody remembers here how Chris Chisoni was awarded that plum job? He was so critical to the Blue Camp when he was CCJP that authorities had sleepless night. To me, he is like Mavuto Bamusi, who was in the first place too critical on civil rights, political rights, etc and later neutralized by the same Blue Camp. Mukumuona bwanji Mavuto Bamusi kutsitsira ndi kunona ndi ndevu zomwe guys. Our taxes are insecure and no guarantee is made to bring to book those abusing and misusing them. Anthu andale akusaukitsa kwambiri dziko la Malawi through dubious and appeasement appointments. Ngati… Read more »

You have become a disgrace ukalowa mndende ndi wako yemwemweyo


Kunenepa ndi ndalama zakuba,,muli biiiii..mulibe ndi manyazi omwe..Palibe kubwenza ngongole zimenezo,abwenze akazi akowo.


This is business as usual in Malawi.
In actual fact, it seems as though your fitness for a CEO position is judged basing on how well you can divert the resources of your organisation to some dubious means.
ACB will remain toothless.



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