Member of Parliament for Zomba Malosa, Roy Kachale has reacted to his mentioning in the Baker Tilly forensic audit report containing names of companies and individuals who allegedly siphoned money from Malawi Government coffers in a scandal dubbed ‘cashgate’. The auditors identified nine people who are linked to companies involved in cashgate, among Kachale. Kachale, […]
Some members of the opposition Malawi Congress Party (MCP) have been implicated in plunder of government resources dubbed cashgate amounting to K24 billion between April and September, 2013. The names are contained in the Baker Tilly forensic audit report which Malawi government released on Thursday. The MCP members implicated include lawmaker Lingstone Belekanyama, Wyson Zinyemba […]
At times, we have to accept that even a competent workforce would struggle to present a credible ‘premise’ for developing the country. We have to accept that if you lack moral integrity, your intellect suffers and so your progressive philosophy can hardly be transformed into a reality. I have no doubt that the nation is […]
Malawi Government on Thursday released the Baker Tilly forensic audit report into the cashgate scandal which contains a list of 49 individuals who between them had a hand in siphoning K24 billion of public funds. Former commander Henry Odillo and his deputy Clement Kafuwa have been implicated as they were signatories several cheques, K3 billion […]
Malawi Government on Thursday publicly released the much-awaited Baker Tilly forensic audit report into state funds that had been stolen by corrupt officials containing names of companies and individuals but contrary to popular smear former president Joyce Banda and former vice president Khumbo Kachali names are not there. Minister of Justice Samuel Tembenu told the […]
The Anti Corruption Bureau (ACB) has intensified the summoning of various individuals, including former top government officials during the Joyce Banda administration, for what an inside source has described as “serious questioning” over the looting of public resources from Capital Hill, also known as the ‘Cashgate Scandal’. ACB insiders told Nyasa Times on Thursday that […]
Malawi’s first cashgate convict serving three year prison sentence Tressa Namathanga Senzani has withdrawn a bid for bail pending appeal against her sentence. The former Tourism Ministry principal secretary (PS) was on October 7 this year sentenced to three years and nine months imprisonment on offences of money laundering and theft, respectively. Senzani’s new lawyer […]
Britain continued to support Malawi with aid though not routing that support through the Government but continues with a large programme of support to reduce poverty and assist poor people across the country through other channels with MK47 billon injected. The British High Commissioner to Malawi, Michael Nevin said London did not want the poorest […]
Anti Corruption Bureau (ACB) on Monday summoned Ms Manganaye Kambauwa, a socialite and prominent business lady in Lilongwe, to interrogate her in the ongoing cashgate probe. ACB sources said they questioned Kambauwa following a tip off and that she was not charged. “She was questions on allegations of extortion but no charges have been pressed,” […]
“The greatest advantage of speaking the truth is that you don’t have to remember what you said.” – Anonymous The donor jury’s verdict is unequivocal: No meaningful support for Malawi until CashGate, JetGate, MaizeGate and related issues pertaining to the shameless plunder of public coffers have been effectively dealt with and proper transparency, accountability and […]
President Peter Mutharika has been challenged to provide objective evidence that the Public Finance Management (PFM) System, through which public officers stole K20 billion of taxpayers’ money, has been strengthened to avoid cashleak. The looting of public resources at Capital Hill, dubbed cashgate, forced development partners to withhold their budgetary support to Malawi. Donors provide […]
Names of suspects in what is known as Malawi’s Cashgate public finance scandal that rocked the country last year as contained in the British Forensic Auditors Baker Tilly report has started being revealed in dribs and drabs. Government is yet to formally release details of the comprehensive audit report by the British auditing firm. Malawians trashed […]
A chief suspect in Malawi’s “Cashgate” corruption scandal, who was a high-ranking official and financier of ex-president Joyce Banda’s People’s Party, Oswald Lutepo has sealed a deal to be State witness to implicate Banda and avoid custodial sentence. Lutepo was arrested in November last year for money laundering after he allegedly pocketed $6 million from […]
“I’m for truth, no matter who tells it; I’m for justice, no matter who it’s for or against” –Malcolm X This week was dramatic enough we needed no additional executive comedy from the likes of Kondwani Nankhumwa. Look, the arrest of Paul Mphwiyo, him whose September 13, 2013, shooting unravelled the whole ‘cashgate’ affair, was […]
The Democratic Progressive Party (DPP) government, which is currently facing criticisms from left, right and centre over its tribalism and nepotistic tendencies, has gone into overdrive, arresting people allegedly involved in the infamous looting of government money at Capital Hill popularly known as the ‘Cashgate Scandal’. A horde of people, among them lawyers, top government […]
There have been several arrests of prominent individuals over the theft of millions of dollars from the Malawi Treasury in 2013. Among those taken into custody is the country’s former budget director Paul Mphwiyo who has since been charged with theft and money laundering. Since last year, at least 70 people have been arrested in connection with the biggest financial scandal on record in […]
The High Court of Malawi in Lilongwe has granted former budget director Paul Mphwiyo bail in a case which the Anti Corruption Bureau (ACB) is accusing him of money laundering and theft charges amounting to K2.1 billion. Mphwiyo, whose shooting at the gate of his house in the country’s capital Lilongwe on the night of […]
Malawi’s biggest donor, Britain will not be able to resume aid support until the government clamped “firmly down on corruption ” and the cashgate scandal which dates back to 2005 is independently and properly resolved, Department for International Development (DfID) spokesperson Baroness Northover in the House of Lords told peers in Westminster on Thursday . Peers […]