Ntata implicates Mutharika in K92bn cashgate: ‘Malawi President delaying to release forensic report’

Allan Ntata, the late Bingu wa Mutharika’s legal adviser, has implicated President Peter Mutharika in the K92 billion (US$206.7 million) Cashgate which was reportedly mismanaged during the first Democratic Progressive Party (DPP).

President Mutharika having a chat with Minister of Trade Jospeh Mwanamvekha and  HTD's Majid

President Mutharika having a chat with Minister of Trade Jospeh Mwanamvekha and HTD’s Majid

K92 billion went missing over the eight years of the presidency of the late Bingu wa Mutharika and the structure of that government is the same which incumbent Peter Mutharika is using.

Ntata writing on his Facebook page claimed pressure is mounting on President Mutharika not to release the MK92 billion forensic audit report because he is linked to the looting from the public purse at Capital Hill during late Bingu’s eight-year rule.

According to Ntata, a Mrs Sadiq of HTD allegedly defrauded government through the Malawi Police close to K20 billion on bogus purchase of motor vehicles like KIA Sorento and President Mutharika is “closely linked and associated with HTD and the bogus payments could be linked to him.”

Ntata alleges that from 2010 to 2011, Mutharika travelled regularly with a Mr Harris Sidik the Director of HTD.

“This was the time the two were allegedly sharing their share of the MK92 billion,” claims Ntata.

The implication of the President might just heap more trouble on him as Parliament is likely to seek for his audience in the chamber to answer these implications. Currently, Mutharika is playing hide and seek with Parliament where he is wanted to explain the proposed sale of Malawi Savings Bank and other contentious issues.

Ntata has been using the social media to attack the DPP and its leadership.

But government spokesman Kondwani Nankhumwa said Ntata cannot back his outbursts, saying they are all defamatory claims and character assassination.

He said they will not dignify Ntata’s “acts of frustration” with their comments.

DPP spokesman Francis Kasaila said Ntata is now a biter critic of the Mutharika government because he is a frustrated man.

Ntata, according to DPP spokesman, is seeking attention to cure his frustrations.

But Ntata, who is a consultant at Rak Gas and United Arab Emirates (UAE) firm which is involved in oil exploration activities in Malawian districts under Block Five, has shot down the claims of being frustrated.

There are also fevered speculations on social media outlets that others mentioned in the K92 billion report are ministers George Chaponda and Henry Mussa.

Germany-funded financial investigation—conducted by PricewaterhouseCoopers (PwC) will expose ministries and departments behind the K92 billion heist between 2009 and 2012 as well as broader public finance malfeasance as it also covers the years up to 2014, according to sources close to the audit exercise.

Not wanting to give out more information, spokesperson at National Audit Office, Lawrence Chinkhunda, confirmed that PWC have finalized the audit and presented the report to relevant authorities.

He said the report covers a period of five years, which includes the period when the K92 billion issues occurred but pointed out that it is “not restricted to the K92 billion.”

Gondwe said the report has not yet been submitted to him.

But opposition lawmakers pressed government to release the audit report through the Speaker’s office to avoid the government tampering with its contents.

Addressing a news conference in the evening, President Mutharika said he would pursue convictions in all scandals, pledging that his administration will not spare anyone as far as cash-gate is concerned.

Germany funded forensic audit to the tune of K9.76 billion.

 

Follow and Subscribe Nyasa TV :

Please share this Article if you like Email This Post Email This Post

More From the World

Sort by:   newest | oldest | most voted
MASO A GULU
Guest

Wamsala Adawona Nkhondo Eeeeee !!!

Wake up Malawi !!

Ndaziwonadi
Guest

Allan Ntata You are jelousy,Stupid,inspirational indeed inspired by JB and other opporsition leaders,Why are you hidding ? Come back if you wish Malawians the best ! you killer ! you will not prosper with your deeds.

yamikani
Guest

DPP ndiyakuba zedi, anaba 92 bln komabe akufuna opalasa njinga adziwapatsa ndalama zina bwanji ngati wawona kuti muli phindu ukutsogolerawe ugule yako uzikakhala pa stage yomwe ufune poti dziko ndilako.

kkkkkkkkkkkkkkkkkkkkkkkkkkk!!!!!!!!!!!!!!
Guest
kkkkkkkkkkkkkkkkkkkkkkkkkkk!!!!!!!!!!!!!!

Where was Ntata b4 mesa he was in the same regime? Nanga iye nde zimamuphonya pati? Anadya nawo ntata ameneyu maybe sanamupatse zochukuka dats why wayamba KULILA!!!!!!!!!!!

kabotolokamo
Guest

hahahahaha! preliminary report ….. lol you are joking ! There is no smoke without fire ! silly!

hst
Guest

This funny little so called country. Koma ziliko. Politics of poverty. Zolimbirana za zii. Kuli konse wealth is made by hardworking not stealing, corruption or rents. Kungokhala national zotembeleledwa basi, nkhani kumangoti wo wo mpakana liti anzanu akutukuka.

BigMan
Guest

By the way, Mtata is not a consultant. Which company looking for business with Malawi would hire Mtata of all people?

BigMan
Guest

Malawians, please wake up and stop being so dumb! First of all this is not even a forensic report that has been released by the auditor general, just a preliminary report. And it has been handed over to a bipartisan parliamentary committee, not government.

So stop making a farce, stop being misled by a disgruntled clown like Mtata who is jobless and hiding in the UK. Follow FACTS, not childish gossip, rumor and innuendo.

Kanyele kutali
Guest

Dpp ful of anthu akuba.root of cashgate its them.awulule mtata enawa akupeza mnchele mu dpp aziwona basi.

Atambwali sametana
Guest

It’s not about Ntata. It’s about an audit that was done by pricewater house, an independent entity that would not be influenced by/tampered with by any political power house. Please for the sake of transparency and donor confidence please release the report ASAP. If what I have seen in the leaked Document is true then Mathanyula will be asked to gracefully resign to mpumulo wa bata. It is a hell of a bomshell. I I can’t see how Mathanyula and his boys will explain this one. Best of luck!!!

wpDiscuz

More From Nyasatimes