Five month before the official report on the missing of K92 billion during the reign of Bingu wa Mutharika administration is out, President Peter Mutharika is already dismissing the loot as untrue. In a recent interview with the state controlled MBC, Mutharika firmly dismissed the reports that the K92 billion went missing under the nose […]
High Court judge Chifundo Kachale has recused himself from hearing the the K5.7 billion money laundering case involving former minister of Justice and Constitutional Affairs Ralph Kasambara. Kasambara had asked the judge to opt out arguing that Director of Public Prosecution (DPP), Mary Kachale cannot prosecute a matter before her own husband without offending the rules […]
Malawian researcher in law, anti-corruption, political governance and also a barrister of the middle temple Z. Allan Ntata will have his corruption and governance public lecture at Pacific hotel, city centre in Malawi’s capital Lilongwe on 18th August 2015 aired live on Dziko Radio. According to a report on Malawi Newsnow, Ntata will during the event […]
Sentence on convicted businessman and chief cashgate defendant Oswald Lutepo has been adjourned yet again. Lutepo, who was convicted on his own plea of guilty on charges of conspiracy to defraud government and money laundering of K4.2 billion ($9.3 million) between April and September 2013, will wait until August 31 to mitigate his sentence. He […]
A manager at the national Financial Intelligence Unit (FIU), Fumbani Mhango, is the latest high profile person to be arrested by the Anti-Corruption Bureau (ACB) in the public graft case known as Cashgate, Nyasa Times understands. Mhango is manager at FIU monitoring and analysis. He is suspected to be a conduit of the cashgate affair. Investigators of […]
Convicted businessman and chief cashgate defendant Oswald Lutepo will be sentenced and start serving jail while application for confiscation and pecuniary penalty orders has been postponed. Lutepo, who was convicted on his own plea of guilty on charges of conspiracy to defraud government and money laundering of K4.2 billion ($9.3 million) between April and September […]
Malawi government has not funded a meeting to scrutinise the preliminary report into the forensic exercise of the government’s accounts dating back to 2009 by PricewaterHouseCoopers (PwC) with names of those suspected to be at the centre of the plunder known as K92bn DPP-era cashgate. The data analysis report compiled by audit and business advisory firm […]
I am writing this open letter to express a grave concern. I believe you need to be put on high alert on how the government is dealing with those that criticize its governance failures. Z Allan Ntata, a London trained barrister, is a bonafide Malawian citizen. Of late, he has gathered courage to speak truth […]
Businesswoman Caroline Savala who was recently convicted of cashgate affair, wept in the High Court in Lilongwe on Friday when Judge Fiona Mwale revoked her bail that saw her staying at home waiting for her sentence on theft and money laundering charges a fortnight ago. When Judge Mwale ordered Savala’s bail to be revoked, her shoulders were […]
Malawian researcher in law, anti-corruption, political governance and also a barrister of the middle temple Z. Allan Ntata has released another comprehensive report on the cash-gate scandal that has rocked the country titled ‘From a Looting t Kill’ to be launched in Lilongwe on August 18. Ntata told Nyasa Times in an exclusive interview in […]
The High Court in Zomba has postponed the sentencing of convicted businessman and chief cashgate defendant Oswald Lutepo until Monday August 3. Lutepo, who was convicted on his own plea of guilty on charges of conspiracy to defraud government and money laundering of K4.2 billion ($9.3 million) between April and September 2013, was due for […]
Malawi President Peter Mutharika has rushed to court to file defamation charges and seek an order restraining leading online publication Nyasa Times from further publishing the issue of K92 billion Cashgate linked to the Head of State. The law suit also includes Mutharika’s fierce critic barrister Z. Allan Ntata and the President wants to be […]
Private practice lawyer Ralph Kasambara has told Lilongwe High Court that a number of character witnesses are expected to be called and testify to help in mitigation to cashgate convict Caroline Savala before she faces sentencing. Kasambara said the four witnesses of character will attest to the good character of Savala in a bid to […]
Malawi’s giant brewery, Carlsberg Brewery Malawi Limited, has confirmed that a probe is underway into a huge ‘cashgate’ malfeasance that could amount o more than K5.2 billion as first reported by Nyasa Times. The fraud has rattled the brewery’s management. Carlsberg Malawi communications officer Towera Munthali confirmed that indeed there were “irregularities” in the financial […]
The High Court in Lilongwe has found guilty and convicted businessperson Caroline Savala for theft and money laundering charges in relation to the cashgate scandal. Justice Fiona Mwale convicted Savala for siphoning about K84.9 million (US$206 068) of public money through alleged dubious contracts that never supplied anything to government. The judge noted that the […]
The Anti-Corruption Bureau (ACB) on Thursday arrested retired Colonel Nelson Kauwa, whose company, Thuso Investments Group, was linked to contracts for the disputed payments at Malawi Defence Force (MDF) in connection to infamous cashgate scam. According to ACB spokesperson Egrita Ndala, the graft bursting body arrested Kauwa in connection to a complaint they received in […]
Malawi Police have finally admitted that the brutal murder of Anti-Corruption Bureau (ACB) director of corporate services Issa Njauju is connected to cashgate investigations. Police said investigations shows cashgate could be the reason to Njaunju’s savage murder. Director of training at Police headquarters, Richard Luhanga told a news conference in Lilongwe on Wednesday that the […]
Forensic auditors have uncovered a huge ‘cashgate’ amounting to more than K5.2 billion at Malawi’s giant brewery, Carlsberg Brewery Malawi Limited. The scandal has led to the suspension of Carlsberg Malawi Financial Controller Geobra Kamanga, his deputy Austin Phiri and Ezzra Njobvu (Procurement Manager) who are suspected to have colluded to defraud the company. According […]