NGO fears Kokoliliko Holdings is MCP scheme to siphon public money

The Centre for Democracy and Economic Development Initiatives (CDEDI) has expressed fear that the Malawi Congress Party (MCP) is intending to use the newly registered Kokoliko Holdings Limited to siphon public funds and monopolises government business to the party’s coffers.

Daud Sulemani: MCP to create 1 million jobs through Kokoliliko Holdings Limited

The organization has since challenged MCP information technology (IT) specialist Daud Suleman and his Kokoliliko youth crew, the brains behind the new company, to prove the skeptics wrong by disclosing the source of money for the establishment of the firm.

According to Suleman, Kokoliko is a vibrant youth wing of MCP and its being duly registered, it means MCP government is now taking a large share in the running of the country’s capitalist economy.

Cdedi executive director Sylvester Namiwa, in a letter addressed to Suleman which Nyasa Times has a copy, alleges that already, rumours are making rounds purporting to say MCP is trying to revive the Press Trust of the Kamuzu Banda days through Kokoliliko Holdings.

“Memories are still fresh of political parties from the previous regimes which used individuals and phony private companies for purposes of defrauding government of huge sums of money to fund party activities.

“Such companies and individuals dominated and monopolized government businesses and tenders since they had the backing of the top officials from the ruling party. We do not want to believe that Kokoliko Holdings will even attempt to take the same route,” says Namiwa in his letter.

He says much as Cdedi is wishing the new compnay success in all its business undertakings, it would be failing in its duties if it does not caution Suleman against being used by selfish politicians with narrow political interests.

“We would like to assure you that Cdedi will continue to play its role of being a watchdog on behalf of the citizenry, and that Kokoliko Holdings is already on our radar. We will be happy to see Kokoliko Holdings transacting business in a very transparent and competitive manner, just like any other private company in the country.

“We will be happy to see Kokoliko Holdings free of any political connections and inclinations, to avoid a repeat of the rot we have experienced with the previous regimes,” Namiwa states.

He promises that Cdedi will not blink, not even a second, in tracking all the Kokoliliko transactions with the quest of eradicating corruption, fraud and abuse of power by those in various positions in government, most of whom are known and are associated with you personally.

“It is high time that as a nation, we learnt from the corrected mistakes in the past, if we are to save the country from the jaws of poverty, a situation which has arisen due to the conduct of selfish and greedy politicians who think of nothing but their pockets at the expense of the majority poor voters. It is our hope, therefore, that Kokoliliko Holdings will strive at all times to transact its business in a more transparent and accountable manner, regardless of your eye-catching connections with President Chakwera and indeed the MCP,” emphasizes Namiwa.

Suleman could not immediately comment.

Kokolililo Holdings has since appointed Dan Makata as its board chairperson.

The compnay through another subsidiary, has applied for a broadcasting license to operate a national FM radio station and TV station on Malawi.

Kokoliliko is also processing the set up of a mobile phone company through a subsidiary.

It will also engage women cooperative groups to form a women and youth bank in Malawi.

Kokoliko Holdings has also established a security guarding service company and it  will establish lounges and a hotel.

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mtete
mtete
7 months ago

Fear if the unknown!
There will always be detractors whenever a novel idea to contribute to economic development of the country comes up. This standalone project, independent of Government involvement, will not be like DPP which thrived on fleecing contractors or suppliers or parastatals. Remember the Chala m’mwamba saga?

Robbins Mkonda
Robbins Mkonda
7 months ago

Political parties should not be allowed to own companies. Who are they going to employ. Supporters or all malawians?

Ndata Boy
7 months ago

koma a DPP avutika ndi zolemba, we are just 2 months into gvt koma MCP this MCP that kkkkk inu pheee 5 yrs is long time, wait and see mmene anzanu amapangira in creating jobs and many more

Mbava
Mbava
7 months ago

Nobody is stopping anyone from opening a mega farm, we have a lot of resources!!!! Osamangowawata be a participant to a better Malawi

Mwini muzi
7 months ago

Bringing the new MCP back to its old ways is what has already began. The old MCP had a monopoly farming company: spearhead which inspite of starting big went under. The very old MCP was behind the starting Press Trust. During those dark days, MCP business and government business was one. In the dawn of democracy, everything MCP commercial was destroyed. I see this happening again when MCP will be out of government regardless how long it may take.

Muhariteniwo
Muhariteniwo
7 months ago

But we very tired with this NGO called Cdedi. I think abambowa is trying to build his for talking shit. China, South Africa, Mozambique , Tanzania and now he is back to Malawi, tatopa achimwene kumva za inu.

Mwini muzi
7 months ago
Reply to  Muhariteniwo

If HRDC is swallowed, who else can probe what is going on?

Last edited 7 months ago by Mwini muzi
BellaMbewe
BellaMbewe
7 months ago
Reply to  Muhariteniwo

Watopa ndi Iweyo, Malawians need it to fight for the voiceless

Alamu Pumani Mwakalamba

This CDEDI is a dpp NGO. Where were you Namiwa when dpp was in government plundering public money to nobody’s business? Where were you when Jane Ansah twisted the May 2019 elections in favour of dpp? Where were you when Malawians demonstrated against Jane Ansah and her dpp. You better stop the nonsense of representing dpp through your questionable NGO.

BellaMbewe
BellaMbewe
7 months ago

We still need a clean Malawi, no repeat of past mistakes

Dzinyete
Dzinyete
7 months ago

Muchila a CDEDI koma mochebwerako. You are a repentant DPP kuwawidwa ukuku bwanji munkaphethila akuba cement a dpp plus ma billion. Lero nde muti simuphethila. Dzimaso tong’ooo ntchentche ikuloweni maso mothinamo sure. Ndinu opusa mukhala choncho. Muphethile musaphethile palibe chisinthe… Kokoliliko is a private entity n it will remain as such. Ukoooo fotseki!

Last edited 7 months ago by Dzinyete
BellaMbewe
BellaMbewe
7 months ago
Reply to  Dzinyete

Nkhani siyochila,a Malawi tinatseguka maso

Ngoni
Ngoni
7 months ago

What is happening to Malawi? Why is Kokoliliko talking about running public institutions like agriculture training institutes in Mulanje and elsewhere? So we have gone back to the time when Malawi Congress Party was everything.

Mangochi Kabwafu
Mangochi Kabwafu
7 months ago
Reply to  Ngoni

They’re coming up with business ideas and NOT hijacking anyones. In other words, they will be CREATING JOBS. Come up with yours, will you?

jekeseni
jekeseni
7 months ago

Nanunso.Olo chicken brain yo. We all heard SKC talk about mega farms. So what is original about that idea. They have hijacked SKCs idea

Jason Mlowoka
Jason Mlowoka
7 months ago

This kokoliko thing is something to be worried of, mainly when you hear and read in the manner they intend to open multiple businesses from a scratch. Not surprised when Namiwa wants to know how and where they have sourced the capital. A few days ago Chakwera was talking about bringing in South Africans to open farms as a means of creating their touted 1 million jobs. The question to ask is where are the foreigners going to get land for farming when the owners of the country are in dire need of the same land just to grow crops… Read more »

Wakuphili
Wakuphili
7 months ago
Reply to  Jason Mlowoka

Creating jobs meaning yolima minda? My foot Malawians are not in good hands. Anthu maphunzilo bwino and you want to establish farms for them to work.

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