Sheriffs seize Chinese construction firm assets

Sheriffs have seized some assets owned by a Chinese construction company over a K200 million debt.

Sherrifs seize Property

A local contractor, North Civil Works managing director Leonard Mbulo has confirmed that his company contacted the sheriffs to seize the property of the Chinese construction company after the foreign contractors failed to honour its debt to the local contractor.

“We were subcontracted to do some works for the Chinese company in Mzuzu but they are failing to pay us. When we ask for the payment, they are not cooperative,” said Mbulo.

The Chinese construction is constructing the Karonga-Songwe road in the north.

There was no immediate comment from the Chinese constriction company officials on the seizure of some of its assets.

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Nsanje lalanje
1 year ago

All chines feel Malawians are very ignorant.On the contracts on the road contracts they do not know , even with knowledge they do not want to stick to 10% contract amount for local Malawians sub contractors instead they bring a lot of labourers from their home land China.British consultant in Karonga has given tips to locals that the10% of monies belongs to Malawians not chines

Njolo mpilu
Njolo mpilu
1 year ago

Ankeesa anakumangilani warehouse ija lounge ku KIA.
HEEDE KOMADI NDIFE MBULI.
MA CHAINA KATANGALE SAACITA NDE A MW KUZOLOWERA KUKOLOLA POSALIMA.KKKKKKKK

Innoxy
Innoxy
1 year ago

Kkkkkkk! but don’t worry, they will give the assets back as soon as you pay back this k200 million.Don’t you know that this is huge amount, and you are trying to run way from paying? what fuck is that???.

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