Minister of Labour and man power Development, Henry Mussa, has exonorated himself from K577billion cashgate link after release of forensic audit conducted by RSM Risk Assurance LLP of the UK covering 2009 to 2014 . Mussa was reacting to reports going viral in both print and electronic media alleging that seven cabinet Ministers are believed to […]
A forensic audit report by the Auditor General on the K577 billion (about $856 million) plunder of public money between 2009 and 2014 has exposed former ruling Peoples Party ( PP) as the main culprit in the plunder of more than 90 percent of that figure. PP came into power as default government in 2012 when president […]
Tempers flared high on Monday as opposition legislators demanded an apology from Information minister Patricia Kaliati who accused the opposition MCP and PP legislators of being silent since the K577 billion report came out. Vitus Dzoole Mwale, Lilongwe Msozi South MP (MCP) brought to the attention of Speaker Richard Msowoya that Kaliati had mumrmured something […]
Speaker of the National Assembly Richard Msowoya has said the Malawi media should avoid “hearsay” reporting on the K577 billion Cashgate preliminary audit report. “The media has responsibility to inform the public, all what we are saying is we should inform the public responsibly,” the Speaker said in Parliament after speculations have been rife that […]
The opposition Malawi Congress Party President, Dr Lazarus Chakwera has advised the Anti Corruption Bureau (ACB) to quickly act on t the network responsible for biggest financial scandal in Malawi’s history. Known as “cashgate”, after there have been fears that about seven ministers who are implicared will escape justice. Chakwera said those involved in the […]
The K577 billion (about $856 million) plunder of public money between 2009 and 2014 has been reduced to un-reconciled amount of K236 billion, according to the forensic audit conducted by RSM Risk Assurance LLP of the UK. The summary of the audit reportsays the K577 billion that is regularly quoted as unaccounted for is incorrect and […]
Minister of Agriculture and leader of the House, Dr George Chaponda entered defence against claims that seven ministers, including himself, have been implicated in the suspected K577 billion Cashgate in the forensic audit conducted by RSM Risk Assurance LLP of the UK covering 2009 to 2014 . The civil society reacted tot he news of Ministers […]
The Malawi’s Auditor General Stevenson Kamphasa is reportedly facing intimidation and harassment from senior cabinet ministers implicated in the K577 billion (about $856 million) plunder of public money between 2009 and 2013 after names had leaked to the media. Kamphasa confirmed National Audit Office (NAO) has submitted 13 files related to the pilferage of public fund between 2009 […]
Malawi may face mass protests of citizens with a petition to President Peter Mutharika to fire seven ministers, who have been implicated in the suspected K577 billion Cashgate, to ensure more conclusive investigations and prosecution. The civil society groups want President Mutharika to fire all cabinet ministers who are callously draining the economy, enrighing themselves […]
Speaker of Parliament, Richard Msowoya, is being suspected to be a sell-out to government to gag members of parliament from deliberating the K577 billion (about $856 million) financial analysis report in the wake of revelations that seven Cabinet ministers were allegedly involved in the mismanagement of the public funds. The Speaker stopped the MPs from […]
Opposition members of parliament on Tuesday asked for Palriament to discuss K577 billion (about $856 million) financial analysis report in the wake of revelations that seven Cabinet ministers were allegedly involved in the mismanagement of the public funds. The National Audit Office (NAO) has submitted 13 files related to the pilferage of public fund between […]
High Court in Lilongwe on Tuesday adjourned a Cashgate case involving former Malawi Defence Force (MDF) commander Henry Odillo, his then deputy Lieutenant General Clement Kafuwa (retired) and others to another date. Odillio, Kafuwa , Alexander Kauwa Banda who is the third accused person, Nelson Kauwa Banda, Ganizan Kuchombo and David Kandoje face seven counts […]
Seven senior cabinet ministers in the Peter Mutharika government have been fingured to have a key involvement in DPP-era Cashgate—the plunder of K577 billion (about $856 million) of public funds the forensic audit for the period 2005 to 2014 indicates. The National Audit Office (NAO) has submitted 13 files related to the pilferage of public […]
British forensic audit firm which investigates Malawi’s worse financial scandal dubbed ‘cashgate’, changed its name and is now called RSM, uniting under a single common brand with RSM audit, tax and consulting firms across the world. Former president Joyce Banda ordered an audit which, RSM (formerly Baker Tilly UK), undertook between April and September 2013 and established […]
Government has given three out of six Scania Marcopolo semi-luxury coaches bought during the ‘Cashgate’ affair, to National Police Headquarters , Malawi Police, Malawi Defence Force and Prisons each. Minister of Justice, Samuel Tembenu, confirmed that the three buses have been given for use because they were “detoriating” in condition and depreciating in value. Tembenu said many […]
Malawi special Cashgate prosecutor Kamudoni Nyasulu, welcomed the sentencing of businesswoman Caroline Savala to seven years in jail with hard labour for defrauding Malawi government money worthy MK85 million. Savala gets three years custodial sentence on theft charges and seven years custodial sentence for money laundering. The two sentences will run concurrently, meaning that she will serve […]
The Lilongwe High Court on Wednesday adjourned sentencing hearing of convict Leonard Kalonga who last August pleaded guilty to theft and laundering about K3 billion -Cashgate, the plunder of public resources at Capital Hill. Kalonga, a former tourism officer, was found guilty and convicted of conspiracy to defraud government using forged documents and paid the […]
The world buried Muhammad Ali a week ago. A boxing icon to so many, a great human being to even more. We are given to polite exaggeration when people pass on but in Ali’s case it can be said with certainty that with his passing, the world lost one of the true greats to have […]