Tag archives: Abdul Yasin Reiman

K20bn bank-gate court plea set for April 26, trial in May

By Nyasa Times Reporter

Two businessmen are set to appear before the High Court in Blantyre to take plea in the infamous bank-gate, allegations that they swindled commercial banks of a whopping K20 billion through dubious bank loans. Pilirani Masanjala, spokesperson for the Ministry of Justice said the chairman of Cotton Ginnery Mohammed Ibrahim and his co-accused Abdul Yasmin Reiman will appear […]

Read full story — K20bn bank-gate court plea set for April 26, trial in May

Malawi Police arrest Pakistani over K20bn ‘Bankgate’

By Nyasa Times Reporter

Malawi police have finally arrested Cotton Ginners Limited (CGL) Chief Executive Officer Abdul Yasin Reiman who fled the country after his company swindled local commercial banks of about K20.9 billion . Reiman, who sneaked out of  the country in June this year and was allegedly hiding in his home country of Pakistan, was arrested on […]

Read full story — Malawi Police arrest Pakistani over K20bn ‘Bankgate’