Inquiries and financial analysis into the wealth of former president the late Bingu wa Mutharika, which for years has been a subject of intense public debate, has yielded nothing both Anti-Corruption Bureau (ACB) and the Financial Intelligence Unit (FIU) will submit to Public Accounts Committee of Parliament. The Committe has summoned the two law enforcing […]
President Peter Mutharika has angrily reacted to the opposition led parliamentary inquiry on former president Bingu wa Mutharika’s wealth, describing it as mere campaign tool by his political rivals. Speaking on Thursday in Blantyre when the Malawi Human Rights Commission presented a state of human rights report, the angry and emotional Mutharika said the Joyce […]
Former President Joyce Banda says there are a lot of good programmes and policies that Malawians today can learn from past presidents and governments, which can also be adopted to address some of the “deepening” social and economic challenges facing the nation today. In her New Year’s Message released by her office on New Year’s […]
President Peter Mutharika has angrily challenged Public Accounts Committee (PAC) of Parliament to go ahead and investigate the K61 billion wealth of former president Bingu wa Mutharika, the late brother to the president, saying their probe will yield nothing in relation to corruption. The committee vowed to investigate allegations that part of the late Bingu’s riches […]
Public Accounts Committee (PAC) has engaged Transparency International and three state agencies to probe and bring back K91 billion allegedly stashed in offshore accounts by former president Bingu wa Mutharika. Mutharika is suspected to have amassed the wealth through theft and corruption. Chairman of PAC Alekeni Menyani said the parliamentary committee members agreed on this […]
Investigation into claims that the country’s former leader late Bingu wa Mutharika – brother to the incumbent Peter Mutharika – has cashgate proceeds about K61 billion ($85.3 million at current rate) stashed in offshore accounts has hit a snag after Parliamentary Public Accounts Committee (PAC) of the Malawi national assembly says it has n mandate to […]
Malawi’s Public Accounts Committee of Parliament (PAC) has finally been funded to scrutinise evidence that former president Bingu wa Mutharika has over K92 billion stashed in offshore accounts. The late Mutharika is accused of getting 10 per cent of all government contracts offered to Mota Engil as kick backs, accusations the government denies. Chairman of […]
Outsspoken deputy chairman of Public Accounts Committee (PAC), Kamlepo Kalua, has accused government of failing to fund the committee which was asked by the House to investigate reports that former president late Bingu wa Mutharika had stashed K61 billion in offshore accounts. “Treasury has not funded parliament for this exercise. Parliament agreed that PAC should […]
Members of Parliament (MPs) in Malawi will finally launch an investigation into claims that the country’s former leader late Bingu wa Mutharika – brother to the incumbent Peter Mutharika – has cashgate proceeds about K61 billion ($85.3 million at current rate) stashed in offshore accounts . According to forensic reorts, the looting of public funds started […]
Malawi Parliament’s Public Accounts Committee (PAC) says it needs funding for its members to meet next week to discuss allegations that former president Bingu wa Mutharika stashed K92 billion in offshore accounts. Public Accounts Committee (PAC) deputy chairperson Kamlepo Kalua said all preparations for the meeting are over. “We are just waiting for the funding, […]
Malawi Police say they are following positive lines of enquiry following a deplorable wanton destruction of former President Bingu wa Muntharika’s Ndata Farm at the mausoleum Mpumulo wa Bata or “Peaceful Rest” that has shocked the family. Police has since arrested one suspect arrested 18-year-old boy, suspected to be mentally disturbed, Ernest Mayaya Wailesi from Mitabali Village […]
Head of Malawi’s Anti Corruption Bureau (ACB) Lucas Kondowe has disclosed that the graft-busting body had instituted investigations into the former president Bingu wa Mutharika’s accumulation of at least K61 billion ($85.3 million at current rate), alleged to be stashed in offshore accounts but yielded no results. Late Mutharika’s wealth was established by YMW Property […]
Mzimba West member of Parliament (MP) Harry Mkandawire has blown the whistle on Portuguese multidisciplinary engineering group Mota Engil that it has been front runners in providing bribes to grease the wheels of government contracts. Mkandawire in his query on late president Bingu wa Mutharika’s wealth highlighted that some of his money was accumulated through […]
The ruling Democratic Progressive Party (DPP) has defended the K61 billion wealth said to have been accumulated by former president Bingu wa Mutharika, saying he had the capacity to accumulate such wealth and that there is no evidence the money was stolen. Minister of Information, Patricia Kaliati, who is also government spokesperson defended late Mutharika […]
Malawi Law Society has backed calls by Mzimba West MP Harry Mkandawire to probe how former president late Bingu wa Mutharika accumulated over K61 billion in wealth which he stashed in offshore bank accounts when in 2004 he declared that he had only K250 million worth of assets. Late Mutharika ruled Malawi from 2004 to […]
Parliament’s political leadership comprising of all political parties in the House have agreed to examine in detail a document which alleges former president Bingu wa Mutharika stashed huge sums of money in offshore accounts. Speaker of the National Assembly Richard Msowoya said this in parliament on Thursday after a deadlock between the government and the […]
In 1998, whilst working for Nation newspaper, I was very much involved in the reporting of the then high profile case of Kamuzu family led by Mrs Jane Dzanjalimodzi against Kamuzu’s right hand man John Tembo and Mama Kadzamira over Kamuzu estate. Kamuzu had just died a year earlier and battle for his multi-million estate […]
Chief Kyungu of Karonga has hit at critics over the government decision to name the Karonga-Chitipa Road to Bingu Highway, saying some Malawians are ungrateful. “I know some sections of the society will insult me, but this is what all chiefs and members of parliament from Karonga and Chitipa agreed that we rename the road […]