President Joyce Banda has appointed Thom Mpinganjira as board chairperson for the troubled Malawi Revenue Authority (MRA) replacing Dr Charles Mataya who has since resigned.
Mataya has resigned after Minister of Finance Dr Ken Lipenga confessed that the tax collecting body cooked up figures and lied in Parliament that government had over collected during the first half of the financial year to paint a rosy picture of zero deficit budget which was imposed on Malawians by the late president Bingu wa Mutharika.
Mpinganjira’s appointment is with effect from today according to a statement from the Office of the President and Cabinet.
An accomplished businessperson who owns a 38 percent stake in FDH Financial Holdings Limited through his TF Mpinganjira Trust, Mpinganjira said as a true son of Malawi he is ready to take up the challenge at MRA.
MRA board met last Friday to discuss the scandal and Mataya said the board needs to meet the President before compiling its final report.
The meeting also looked at options of firing MRA Commissioner General Lloyd Muhara.
Meanwhile, the fate of both Lipenga and Muhara is in the hands of the President.
Lipenga has since submitted his report to President Banda and proposed that an independent investigation be instituted into this matter.
“Should the findings of such an investigation implicate me, I shall offer my resignation,” said Lipenga.
The scandal was unearthed by Balaka South MP George Nnesa who told Parliament that the minister had presented cooked up figures after government borrowed money from banks. Government side then dismissed him.