Mutharika faces calls to resign over Malawi Savings Bank ‘mafia-like’ sale
President Peter Mutharika faced calls to resign after being criticised by lawmakers and civil society activist over the controversial circumstances government has sold Malawi Savings Bank to FDH Financial Holdings of Thom Mpinganjira at K9.5bn ($21.1 million).
Opposition lawmakers have accused the Peter Mutharika administration of total disregard of the people’s position of transparency and accountability in handling issues of national importance.
“I am concerned because the people’s representation in the House and what they recommend doesn’t matter,” said leader of opposition in parliament Lazarus Chakwera.
Chakwera, who is also Malawi Congress Party (MCP) president, said he was “disappointed” with “lack of transparency in the whole saga.”
Peoples Party (PP) Rumphi East parliamentarian Kamlepo Kalua accused government for bulldozing the MSB sale without adhering to legal provisions.
“Government has clearly violated our constitution in selling this bank to one bidder, the procurement act clearly stipulates that you cannot sell to one bidder and in that event only FDH Holdings was the only bidder, government needed to re advertise the MSB sale so that at least there is competition of the required not less than three bidders”, said Kalua.
The sentiments received a loud applause from opposition benches and Kalua went ahead to demand answers from Finance Minister Gondwe.
However, Gondwe was at pains to explain the matter and his response was characterized by serious stammering and he maintained that all necessary procedures were followed.
“President suspended the sale but this suspension was not open ended. It was intended to enable people to consult and put views across and on the basis of which government was going to sit down and make a decision, and this has been done,” he said.
MCP Spokesperson on Finance in parliament Alexander Kusamba Dzonzi accused Gondwe for lying to parliamentarians and demanded the Finance Minister to immediately resign over the matter.
“As MCP we demand that honourable Minister of Finance must resign for lying to us, yesterday he told us that the decision to sale the bank was not yet made, worse still he has violated parliamentary procedures after parliament yesterday passed a resolution not to sale the bank and today we are told the bank is sold, he has cheating us”, said Dzonzi.
But Gondwe hit back saying President Mutharika through constitutional powers conferred in him endorsed the sale of the bank hence he was not wrong to warrant opposition demands for his resignation.
“I cannot resign, all procedures have properly been followed, consultations have been made, yesterday I told this house that I had no final say but the president and I explained that I was also waiting for presidential decision, so I do not see anything wrong with the decision, the president has spoken and its final”, said Gondwe.
This comes months after disagreements among Malawians on whether to sale the bank or not amid reported several vested interests from the ruling elite.
Some section of the civil society organizations held demonstrations against the sale of the bank saying being a public asset, Malawians will lose out.
The most worrying development to Malawians has been the “mafia-like” operation within government circles on the bank transactions to sale it has been conducted.
The fierce critic of the Democratic Progressive Party (DPP) regime who is also social commentator, Billy Mayaya has asked President Mutharika to resign immediately following the way how the President has handled the bank transactions.
Mayaya said apart from asking President Mutharika to resign, he is also wants Minister of Finance Goodall Gondwe, Ministry of Trade and Industry, Joseph Mwanamveka to quit for presiding over the controversial sale of the bank.
“Civic society would like to demand the immediate resignation of President Mutharika, Mwanamveka Goodall Gondwe for presiding over the illegal sale of MSB. They deliberately plotted to deceive the Malawi nation by suggesting that there were consultations endorsing the sale.
“I am on record that we demanded that the sale of MSB only proceed after the bank has been recapitalised after three years and thereafter be sold through an Initial Public Offering on Malawi Stock Exchange,” said Mayaya.
Mayaya further stated that Malawians were under the impression that the DPP had reformed after its poor record of human rights and government in the past but noted that they are “fixated on tribal politics meant to benefit the Lhomwe belt and exclude the rest of the country.”
He said: “Malawians are watching; though the wheels of justice and truth turn slowly, they turn all the same.”
Minister of Information, Tourism and Culture Kondwani Nankhumwa said Mutharika, Mwanamveka and Gondwe cannot resign from their respective positions because the bank has been sold following the competitive bidding process as required by law. Of course there was only one bidder and it was all evident government wanted its wholly-owned bank to be sold on a song to Mpinganjira’s FDH.
Nankhumwa said he was surprised to hear Mayaya uttering the statement and yet he was one of the people whom government consulted over the deal.
He said Government has created a Special Purpose Vehicle, an entity made up of prominent Malawians, to deal with bad debts relating to MSB.
“Government is pleased that the ownership of the MSB and INDE Bank respectively will remain in the hands of Malawian companies,” he said.
The National Bank of Malawi has bought 75% of Inde Bank therefore making it the strategic owner with the remaining 25% left for the government. Previously government owned 100% shares of Inde Bank which has branches of its services in the country.
“The public may wish to be informed that part of the ownership of FDH Holdings is Old Mutual which is listed on the Malawi Stock Exchange (MSE).
“NBM is also listed on the same, this means all Malawians that have shares on the MSE will be participating as owners of the banks. In other words, the banks have essentially been sold to the public.
“This development augurs well with the Government’s policy of empowering local investors as Malawi prepares for large scale investment as evident in the multi-billion expressions of interest recorded in the Malawi Investment Forum we just had”, said Nankhumwa.
Meanwhile, MSB workers express fear of job cuts following the FDH takeover.
But Mpinganjira parried away the fears, saying they will maintain the work force and ensure to grow.
“We cannot start closing banks and networks. We want to utilise the network of Malawi Savings Bank to reach out to rural areas. We will take it to Malawi Stock Exchange,” said Mpinganjira.
Government finalized the sale of Malawi Savings Bank (MSB) on Thursday 2 July, 2015 at the price of K9.5bn ($21.1 million) despite heavy resistance from the Parliament.
Malawi government now holds only 25% shares in MSB while FDH Holdings has 75%.
Mutharika said in a statement that government has sold the banks after listening to public debate and based on powers conferred on him by the Constitution.
Reports indicate MSB posted a pre-tax profit of K2.5 billion (US$6 million) between January and May 2015.–Additional reporting by Zawadi Chilunga, Nyasa Times
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What happened between FDH and Kingdom Holdings? Nyasatimes, do you know?
chimunthu chosamva ngati ichi sindinachione.mgalu.
kodi mumafuna abule bankiyi atumbuka? N’gooooo!
Tagulitsa tagulitsa basi, ndani akuti mfwee apa!! Resign ya mbwiyanu? Mukapanga mwano tigulitsa dziko lonseli, mwanva inu!!!
wait 4 cardiac arrest
Zikundiwawa kwambili. Mumaleka kundifusa ine kaye bwanji??? Nanga ndalama yanga yomwe mwankhala mukupeza ija mundibwezera????? Anthu tikudana ndikutinamizako, lero kunena zina mmawa wake mkumabva zoti mwagulisa, mumatitenga ngt ndife zisilu zanu ???????????????????
Kodi katundu wa boma amakhala ngati wamasiye bwanji? Koma kutipweteka ndi misonkho ndiye ngongole za achina mulli mwapanga write off kapena abweza? Mmmm anthu inu
Achitabwino kuigulitsa. Ena amaililira kuti naonso akadzakhala pa mpando adzapezeko pobera. Sha! Yapita basi musova!
Anthu aboidza inu you’re celebrating for the sell of necessary jet. And the money disapppeared. The most reasonable thing was to sell the bank to malawiians 50% Mcp, 50% cso
Pitala nkutukumve wa munthu, I also malawians with good will in prayers asking God to redeem the nation of malawi. Like Mahatima Ghandi, I will fast , & ndizatuluka pamene ambuye anzandiyankhe.
PETITIONS
1_God should cleanse Malawi by torching all wicked politicians & business people causing misery on poor Malawians
2_God should bring down fire to burn down every property dat is legimately acquired
3_Let people understand $ fear that you are God
So mulli is clean and will go away smiling
Fisi ndi fisi sazasithaso olo atapita ku joni
Dictator blood clot peter muthalika rasclot
whats wrong wt the sale of MSB?
God almighty! Through your son, who takes away the sin of the world will you please remove this trophy of evil for us. Lord you promised that you will remove any weaked watch dog which brings pain to millions. This time Lord of need we need your light to shine on us and take everyone who is inpoveriching all malawians even if it means calling them to be where they belong ame. Anyone who want God to remove the weaked ones for us say AMEN!!!!.
As death looms
Zilibo, anthu amangobelako ndalama
Agogo kumanda inu bank ija agulitsanso. Ingobwerani mudzatitenge dziko la Malawili likuluma onthuni.
Nanga poti ine ndili nayo twenty billion bwanji sanandiuze kuti tipikisane pankhani ya mtengo bwanji
Government has made a good decision to sell the bank. Malàwians with financial muscles should run it not government.
NDIMO TILILI AMALAWI NA BETER MI NISELUKILA MZAMBIA
Malawians who love their country passionately & fear the Lord, let’s comfort and encourage one another with these words below from the Almighty at the loss of MSB: the only financial lifeline for the poor Malawian. Chomwe tidziwe ndichakuti mbuzi ikakondwa ndiye kuti chingwe choyikolekanayo kunka Ku msika chili m’musi mwa khonde. A person who is being haunted by death or masoka does not listen to advice no matter the out cry and advice you can heap on him. This is what happened to his brother. Remember that this man has a prophecy on his head so his irrational decisions and phuma losamvanaloli are just speeding up its fulfilment.
1. Proverbs 19: 22-It is a disgrace to be greedy, poor people are better than liars.
2. Proverbs 19: 25- Arrogance should be punished so that people who do not know any better can learn a lesson.
3. Proverbs 21:12- God, the righteous one, knows what goes in the houses of the wicked and he will bring the wicked down to ruin.
4. Proverbs 20: 28- A king will remain in power as long as his rule is honest, just and fair.
God bless Malawi.
Holy Ghost fire muchotse matsokawa fire fire fire
Kugulitsa Bank sanalakwitse peter yo!!! MSB inalowa zibwana coz wina aliyense ankangotenga ngongole mmene afunire chifukwa amadziwa kuti nayenso ndi boma, apa nde zili bwino coz mweni wake sangamapange zopusa ngati zimenezi…. Bravo Peter
asiyeni ozisata zachuma apanga chiganizo,amalawi palizina sitingazisate bwino ndie osamango tsutsa zinazilizonse
We know this trick. I can recollect a similar deal where Tanzanian Government privatised a government owned coal mine and power station called Kiwira Coal Mine. Political heavyweights bought it at US$5 million only for government to reverse its decision and buy back the mine at US$20 million. The heavyweights went away with a cool US$15 million in just a couple of years. PP, MCP and AFORD prepare to see a change of government decision to buy back this MSBank at US$32 million before this DPP era is out.
Which Malawians is the opposition claiming it is representing? Because they are not representing me and I am a Malawian who is very happy with the bank sale.
Rest in peace my beloved MSB. Malawians loved you but Mutharika and his DPP loved you most!!!
This is the second time a government in power has entered the arena through the back door. First it was the dubious election victory of DPP.
What a strange way of state plunder.
Citizen
Ka pool sakwiya,
you should have wrote this few years ago. Why the bank fail to pay his staff. Thus an head off.
why was the bank manager allowed the m.ps to take money knowing they were not paying back?
Why was this keep going, for Years to the point of the Reserve bank was paying their salarys.
Who was althorising that? They might have some interest. You don’t just wake up and realize that the government does not run bank.
where was the government when the money was been removed.
The nation need to know.
Am surprised that Malawians are disappointed by Govt for selling MSB Bank. Don’t we know that we are still in dictatorship rule only that this one is a modern one.
Oh yes timing anyamata a pa town. After passing the Budget and that Parliament session is ending Gondwe has hit Malawians on the nose! Phwaaaa!!!!!!! Idiot Malawians.
Do you remember that one of these foreigners called Malawians “Stupid Malawians” in one of the Malawi local Newspapers in our early days of democracy?
3 cabinet Ministers were killed, what did we do? Chicken, cattle, goats etc went to the President. What did we do? We were lining up along the roads earl in the morning to be addressed by the President late in the afternoon. What did we do? Chakakala Chaziya was announced to have gone for further studies abroad yet he was locked up in a cell. What did we do? Mabvuto Bamusi was a voice for the voiceless and was in prison. What did we do? Kapito does the same. Are we waiting kuti atope kaye, Idiot Malawians? Elections were rigged. What did we do? MPs crossed the floor? What did we do? Road Traffic has introduced registration tax. What have we done? MRA ndi iyo ikutibera. What are we doing? Nankhumwa akuti akudziwa mfiti inapha Big man. Bwanji Thindwa sakumuyimba mlandu? Are the laws for poor Malawians? The list is endless
An Idiot does not react reasonably. What is it that justifies Malawians not to be Idiots. Agulitsatu Bank ndiye mutani you IDIOTS?
Arseholes
The bank is finally sold as was expected. But the question remains, how seriously will the toxic loans be followed up and recovered. At the time that the court has not yet ruled on the injunction the Muli brothers took to stop MSB selling the ceased proparties one wonders if the toxic loans will be recovered. The seriousness of the goverment will be checked here. I suggest that from now the government should be reporting every step taken on recovery of the toxic loans. History had taught us that Malawians may look stupid but wake up in a manner that no controls work thereafter. Let us avoid a repeat of the past. Malawi is peace loving which sometimes some politicians take advantage but sadly to their own peril. Let us pray for our country.
I regret having voted for DPP. Please I need my vote now now now. mxiii
Stupid everything. Bank assets K50 Billion plus. Sale K9 Billion. Where is the logic? School me. We are not talking about government being wrong in privatizing its businesses but rather doing it in a manner that is beneficial to Malawians.
Ndipemphe chimodzi guys, ku palamenti tidziyankhula chichewa kuti mukamafotokodza tonse tidzimva. Chizungu chomwe chimayankhulidwa chimapangitsa kuti nkhani dzisamveke bwinobwino kwa enafe. Muntharika mbuzi, Gondwe mbuzinso, Nankhumwa nkhumba yamunthu. 2019 Kamlepo Bomaaaaaa
Kkkkkkkkkkkkk
MSB going,going ,GONE! Public Private Partnership (PPP),bungwe la boma lugulitsa makampani a boma linalangiza boma la Malawi kuti MSB ipite ndipo yapita.
Ngakhale president akanakhala Chakwera kaya Kamlepo kaya Mayaya MSB imapita basi.Kuyendetsa boma is serious business.Bakili anatero.This is how serious it can get.When the president endorses,which is his prerogative,it is final.
When PPP experts recommend,which is their mandate,no politician can advise.They lie too much after all so PPP can not listen to them.These decisions are technical issues.Leave technocrats to do their job.
Malawians! Wake UP!!!
In any other country these thugs would have been slaughtered by now!
ultimately we have one government at a time, let these people lead the nation, and wait for your turn in 2068, stupid opposition fools!!
Can I sell Peter’s tentacles .this clueless unvissionally old fool really prickly heart
These most thieving gogos in the whole world must resign immediately.The sale of MSB to thom mpinganjira was planned earlier even before bidding process began.You can even agree with me thom and his fdh embarked on ATM planting campaign in many places within a short period of time.
vp what is your comment. you are all thieves
MUNAVOTELA NOKHA KUKANA CHAKWERA LERO NDI IZI MBAVA
mlomwe uyu watinyasa kwambiri……fire burn!!!
Pete Mutharika!!!!!!!!!!!!! professor in stealing
Paja ndi amene munamufotera mukati ndiophuzira bwino akuthandizani lero ndi zimenezi mwayamba kunongonza bondo vuto ndilakuti samaziwa kutti zinthuzo zinachokera pati anangozipeza iye anali ku america komaso musaiwale kuti simmalawi ameneyo zake zinayera kale ovutika ndife aphawi
What A Dog…But Looking Even Closely It Seems It Has No Teeth,playing With Power From The Stolen Vote,reforms At Work,akakhala A Goodall Akalamba Nzeru Zatowathera
My heart is bleeding profusely over the dubious sale of Malawi Savings Bank. Malawians are against the secrecy and circumstances over the this transaction not the actual sale itself.
Malawians feel cheated and duped. The powers vested upon the president are meant to protect the interest of all Malawians and not to hurt their expectations and feelings.
It is therefore right and proper that Peter, Goodall and Mwanamveka resign honorably from their positions and the whole transaction be reversed.
Failing which Malawians must push for mass demonstrations to force them resign.
We ,as Malawians, are disappointed with the crop of MPs we have. You are not assisting us. You put your own interest over the peoples interest . You said cashgate report first before the approval of the budget but nothing materialised. Is it because the opposition is WEAK?
MPs you have the duty to IMPEACH the president.
Malawians wake up and know what you say before you actually utter anything, musaname kuti anthu akumudzi akudandaula za bank, and do not entice people to go to streets to protest za sale of the bank before you explain to them what benefit they had been getting from the bank and hoe they will be affected by the sale of the bank. some of these issues are so technical than you think ndiye ngati zinthu izi simuzimvesa just shut up. For all these years none of you talked about the operations of the bank whether it was making profits or losses, kaya zimayenda bwanji, you didn’t educate the masses kuti bank ya mbs ndi ya boma and how it was benefiting the rural masses. Did you at one point give advice or checks and balances as regards to the operations of the bank. mufuna iziyendetsedwa ndi misonkho yathu? THATS uncalled for. komanso muziwerenga malamulo oyendesera ma bank and malamulo a dziko nkumaona kuti zukhala bwanji. Otherwise some of the urguments just expose some of you how ignorant you are on the issue
Chipapwiche, kununkha nkamwa ngati bala lachinyawu. Fucken moron.
Malawi down the drain
we are being ruled by mafias. these are people who always think of stealing and killing and blackmailing and selling the list go on. real educational savages. no wonder they are failing to pay their own civil service.
Do not allow Gondwe in the Paliament. If he comes there, please MPs throw chairs on him. We are very annoyed in villages. Peter and Gondwe please resign, we donot want to see you in Malawi. Stupid nonse.
Educated fools indeed! what have you done?
This is not surprising. Most ministers and their buddies used to borrow money from this bank. They literally used it as a cash cow. Ultimately they were left with an egg all over the face. Bad debts taken by themselves. So strategy is to sell and run before people discover the sins. Only in Malawi where this kind of insanity takes place. I say pass a law that allows people with serious money to run for presidency. Only then we will know who is truly rich. No one will to come back to malawi to work if they had it good in USA. Can I hear an amen?
THEY HAVE SOLD MSB TO PAY CIVIL SERVANTS GOOD IDEA APM!!!!!! KOMA ZIKUONEKA NGATI SIZIKUTHERANI BWINO BWANA. DZIKO LIKUDZIWA CHIFUKWA CHENICHENI MWAGULITSIRA MSB, MUFUNA MUFUFUTE NGONGOLE ZA AKULUANU ZOMWE ANATENGA ALI MOYO KUDZERA KWA MULI
Once you have finished selling all the govt items you will start selling human parts mark my words where is Bakili Muluzu
The plan to steal MSB was hatched a long time ago. Firstly Mwanamveka was given a post at the bank. Later he was seconded to the government and was chairman of the bank. During the period he authorised and approved loans to his friends. Later on he became a minister and recommended sale of the bank. Finally the hammer falls. You dont see this guy in the pictures.He is a Mafia. Tiyeni nazo!
Mwachidule Achewa ,Atumbuka chonde musaikeko ndalama ku bank ya lomweyi
All this is our own making. We are paying for our sins. This man should not have been voted into power. But the worst is still to come. Just wait and see.
That is dpp government doing what they know best, mwaiwala? They changed flag in same like manner without considering people’s voice, as long as they are in power its enough for these dogs, now they have joined themselves with foolish udf all wisdomless double minded shame, shame, shame, pitala my The Lord judge you like he did with yr late brother because of arrogance in the similar way……. be punished I say!
Constitutional powers or dictatorship, wake up people! One day the same president will tell Malawians “I’ve sold the country to Zimbabwe” and Nankhumwa will respond “its the president constitutional powers”. Unbelievable!
Kkkkkkkkkkkkkkkkkkkkkkkkkkk. Educated embeciles
A opposition simumati mukana kuvomereza budget chifukwa cha nkhaniyi. Munaledzera ndi ma allowance mmati nkhani yatha akupindani! Prof APM Woyeeee!
My poor Malawi, MSB gone!!!!!!!!!!!!! What a shame. In the end, all public institutions will be sold including the Parliament building and state houses. The government will only be renting.
What a sound strategy for promoting investments in the country by the current government. Is this the brainchild of Public Sector Reform Commission???????????
Yes these Old Citizens must resign onse ndi Mbava Jb sold Presidential plane Apm Bank so the following must quit and pave way for other people (1)APM (2)GODALL (3)MBENDELA Who offered Peter presidency.I don’t want to be ruled by such Thieves and corrupt people.
Billy Mayaya makes me laugh out loud hahaha! Eti akuti “I am on record that we demanded blah! blah! blah!” hahaha! Iweyo Pitala akakumvere iweyo?
Mpinganjira has told you that in the deal there was no mention of civil society! so just shut the fuck up!
Mukaliralira ndi achina Kamlepo anuwo kenako basi ziii! Mutonthola!
Hon. Gondwe, you are saying the “Trained dog” our president is fondly called, handled the sale of MSB himself, and no one could stop him.
The dog has used his constitutional powers to decide and conclude the sale.
Zitsiruinu mwasowa zogulitsaeti Banki kugulitsa ngati mpilu.Bwinonazotu osatigulitsila state house, zopusa basi.tialomweinu mukuonangati ndi zakwanu zimenezi.
if parliament say no, it means the whole country both lural and urban citizens are saying no, if you do against parliament it mean you do against citizens. we are able to see the outcomes for voting you into power
People who are calling up on the president to resign should themselves resign from commenting on this issue. Tougher decisions have to be made for this country to move forward. “If all pple think the same then someone is not thinking”. So we should not always expect that our thoughts will always match that of the president. The “kokoli” tend to politicize everything…Hahahaha. Munya muwona.
AMalawi dziwani izi :
Tonse timalipira ma salary a anthu ogwira ntchito ku MSB chifukwa MSB imalephera kupeza ndalama zolipira masalary a ma employee ake. Izi zinayamba mu 2012. Ndiye chifukwa kuti MSB inali bank ya Boma, a Reserve Bank amauzidwa kuti azipereka masalary a ogwira ntchito ku MSB. Izi zinakwiitsa a Reserve Bank. Nkhaniyi imatero chifukwa mmalo mokhala ndi ndalama pulasi profit MSB amangosaukabe chifukwa ndalama zake anthu a ndale amangozibwereka mophweka kudzera ku anthu a ndale. Misonkho yathu mmalo mokagula mankhwala ku chipatala, mmalo momanga misewu, ndalama zathu tonsefe za misonkho zimatengedwa kalipira masalary a MSB Staff. Choncho Reserve Bank mu 2013 inadzudzula mchitidwewu ndikuuza Boma la Dr Joyce Banda kuti ligulitse MSB chifukwa Boma likuononga ndalama zambiri mmalo mopeza phindu kuchokera ku bank imeneyi. Onse odziwa za kayendetsedwe ka Bank anavomereza kuti palibe chamzeru kusunga bank yomwe siikuthandiza kusamala ndalama za Boma koma ndi bank yomwe ikuonongetsa ndalama za Boma. Mwachidule izi ziri ngati mwaphunzitsa mwana mpaka ku University, wapeza degree, wayamba ntchito KOMA akupempha makoloake kuti azimulipilira rent, azimugulira zakudya, azimupasa yomwera. Zoona? Ndalama zakezo akumatani nazo? Khololamzeru silingalole zopusazo. Liyenera kumuchotsa mnyumba mwaomo, akakhale payekha, naadya zake. Osamuthandiza, chifukwa tikamuzoloweza zopusazo, ife makolo titamwalira, azatani? Tamamvetsani zinthuzi aMalawi. Anthu adyera asakupusiseni aMalawi anzanga, palibepo nkhaniapa. Look, the Jet was sold quietly by JB to foreigners, no demonstrations were held by these so called CSOs and funny enough the Jet was sold to the foreigners by battering it. Here comes APM who engages the public in the MSB sale, He gets opinions organized and respects the wish of the economics by selling it, who are those against the sale? Let them establish their bank too. As far as reasons above are concerned, APM had no option BUT to ask Government to sell the bank. Who cares. Go to hell. The bank is sold full stop.
So Mayaya means Malawians? Where does he get the authority to dictate what government or parliament must do?
And tell me, why do the opposition led by MCP want to run all arms of government (legislature, judiciary and the executive)? Don’t each have their own jurisdiction? Tell the Chakwera’s partliament (in this context opposition) cannot be lawmakers, law executers/enforcers and judges, nada! Do not overstep your bopundaries for that will be chaos.
Aaaa who is ruling Malawi, Mayaya or Mutharika or opposition
Stupid people always live longer than clever people, so please watch your mouth when talking
Its a mistake to think that you can be a president just because your relative was a president,Peter is far from Bingu,he’s full of words not actions….these people are old and will not be there in future,the future is ours people,lets jus don watch them destroying out future,,,,,mining sector,agriculture etc
I said it yesterday and I will say it again today,that If south Africans now are fighting for nationalisation of banks and mines who are u so called Malawian president bingu wamutharika?Professor of doom??After 22years Malawi in democracy thing have gone bad to worse in Malawi but still there is people with no balls to remove the lomwe belt??
In 1994 it was Bakili in power who chose bingu wamutharika as his predissesor or successor now peter, as am saying Bakili is still with the party dpp.People Malawi when will u wake up from ur snoring sleep huh???disgusting!!government banks are not for sale the country will remain poor forever!
Sad, sad, sad, sad. This can only happen in the Banana Republic of Malawi. Had this happened in any other country, including neighbouring Zambia, the citizens would have flooded the streets demanding reversal of the decision or indeed resignation of the political leadership. But this is Malawi. thanks to the 30 years of MCP/Kamuzu dictatorship, Malawians are docile, stupid, voiceless, senseless, full of fear of authority, still believe that those in authority are the most intelligent – know it all and whatever decision they make, however stinking is OK, amalawi odontha, ogunata, omwa madzi ometela, osamba chotsitsa, a gulukununda, a kampopa ngolo, etc, etc, what do you expect from them even when their assets are being stolen, plundered, etc by the political elite. Ife bola azitigulila mabokosi basi tikafa. sad, sad, sad!!!!!!!!!!!
Nayoso asatile mkuluwake
why did they not correct the debts first before selling it ?? I rilly believe its not Muli only who has debts with the BAnk.I think all these guys has debts to Pay…
This country must be restarted
He is the winner already, hate him or like him he is coming from a blessed family
This is the time for the president to resign. DPP they are business tycoons, start preparing for resignation letter Mr. President and your fell DPP gurus. I rest my case
We don’t want another Air Malawi saga…. The process has been legal in all aspects…..
Who Is Billy Mayaya In Our Constution??
Kukhala Chewa/Mtumbuka Kusakupangitse Kuti Ukhale Wa Nsanje Mulamuliro Wa Mulhomwe.
The worst president since independence. Clueless leader. There must be a hidden deal between him and Thom Mpinganjira.
@pooo
u r one of stupid Malawian who tells APM that what z doing ndizabwino.
munthu wanji osamva za amzake?
2019 ASAYEMBEKEZERE KUDZAWINA COZ
SOLDIERS
POLICE OFFICERS
PPLE WORKING IN GOVN DEPARTMENT
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allthese pple will not vote for him…i pitty SAULOS CHILIMA, for joining this party of OLD LEADERS..
MALAWIANS tinapusa povotela nkhalambazi poona ngati akulu-akulu ndi mdambo mozimira moto…WHAT A SHAME!!!!!!!!!!!!!
I LUV CHILIMA coz he z cool thou intelligent
APM musamukhomelere mwanayu!!!!!!!!!!!
MALAWI NEED NEW BLOOD LIKE CHILIMA!
he must resign bcoz since he took over the sit there is nothing he has done gone to poor malawian expt robbing our tax money.why our malawian leaders are all the same??do you want us to hire someone from outside the country to rule our nation??4sure we are fed up ov your stinking style of ruling we better stay without a president i hope we can enjoy our lives than these shit.
considering jan – may 2.5 billion pre profit, mulli 3.3 billion loan and over 3 billion other loans 9.5 billion nde yachipatu, anapanga value ndani zimenezi
mwina tsogolomu tiyese MCP ndithu ahhhh
Mwanji Mayi wanu uja mmene anagulisa ndege yathu ndi kutenga chimanga nkumapeleka ngati chake simunamuuze kuti atule pansi udindo . Munena mutopa koma zimenezo sizingatheke. After all Mpnganjira is a malawian comparing to Abiti Mtila who sold an aeroplane to foreigners . Mbuzi za anthu
A Mayaya, Just leave it. We have a true God in Malawi who will fight for us (Voiceless Malawian). He has his own ways of saving His People. In a moment like this we just have to keep on Praying for our beloved Malawi. Remember, let him ask his brother Bingu.
The role of a government is not to operate banks in fact any other businesses.
The role of government is to create a conducive environment for businesses to run.
Let the private sector run businesses.
Good move Bwana munthalika, these move is long overdue
Resign? He’ll be lucky if it’s just a resignation…then he will still be alive.
He should not resign but retire completely from politics, a fake and phoney politician. Whoever told him he has leadership qualities cheated him and now he has duped the sleepy Malawian population. Nowhere on earth can this happen except in Malawi offcourse.
The war begins, apa Che Guevara theory should be used.
Is Billy Mayaya equal to Malawians?
SAY I QUIT PETER!! Peter Mutharika say it!!!!!
Apange Resign chifukwa chani??? give me 1 Million reasons. Kod a opposition inu mwapenga eti??? this country needs such Presidents for sure. mukufuna zot azungu andiuza kut akut! kkkkk. mwandilira, my good President cannot resigh now. Its 2024 when Chilima will take over.