Businessperson Caroline Savala has a case to answer for theft and money laundering charges in relation to the cashgate scandal, High Court in Lilongwe ruled. Savala is accused of siphoning about K84.9 million (US$206 068) of public money through alleged dubious contracts that never supplied anything to government. She will have to defend herself in […]
British Forensic Auditors Baker Tilly have finally handed over the much awaited full cashgate report to the Auditor General of Malawi, Steven Kamphasa, senior government officials have confirmed to Nyasa Times . Kamphasa received the report this week and he is expected to hand it over to Minister of Finance Goodal Gondwe after reviewing it. […]
Turning the hands of time… Your Excellency, President Mutharika: 1. I submit the attached report, which my office received from the Financial Intelligence Unit (FIU). 2. The Reserve Bank of Malawi is working very closely on the issue raised in the report and several other cases. 3. We appreciate Your Excellency’s leadership in the fight […]
The State has added businessman Oswald Lutepo, the chief suspect in the systematic plunder of government money, dubbed ‘cashgate’, as one of the accused persons in an attempted murder case of former Budget Director Paul Mphwiyo. Lutepo now joins lawyer Ralph Kasambara, Pika Manondo, Dauka Manondo and others answering to the same charges. Director of Public […]
President Peter Mutharika has told Malawians living in the United States of America (USA) that his government has expanded the hunt for cash-gate suspects in Malawi by shifting personnel around and increasing resources to accountability institutions and law enforcement agencies. During a meeting with them which was held at the Waldorf Astoria Hotel in New […]
Britain has described Malawi’s Public Financial Management (PMF) System as a “leaking bucket” that requires serious attention before several donors particularly Britain resumes providing its support. Permanent Secretary of Britain’s foreign aid wing-the Department for International Development (DFID) Mark Lowcock who visited Malawi this week said Britain also want culture of impunity to come to […]
Top tourism ministry official Treza Namathanga Senzani who is the first convict in the so-called “Cashgate” scandal that led to the suspension of foreign aid and helped push a government from power is likely going to escape custodial sentence and the state wants in turn to use her as prosecution witness, Nyasa Times understands. Senzani […]
The first convict in the ongoing ‘cashgate’ cases. former Principal Secretary in the Ministry of Tourism Treaser Namathanga-Senzani who was found guilty on her own plea of theft and money laundering, will be sentenced on October 2. ‘Cashgate’ denotes the systematic skimming of millions of dollars of money from the government payment system. High court […]
Britain has called on Malawi government to go deeper in the crackdown on corruption and said there should be no “selective arrests depending on which side of the political fence one sits, or who in power one knows.” The British High Commissioner to Malawi, Michael Nevin, made the remarks in Lilongwe during the presentation of […]
Minister of Health Dr Jean Kalirani has disclosed that a 8.8 percent of the K742 billion of 2014/15 National Budget allocated to the health sector in the zero-aid budget is a result of cashgate which forced international donors to withhold aid. Civil society organisations (CSOs) working in the public health, HIV and Aids management sector […]
Before and just after being declared Head of State, President Peter Mutharika claimed he would be a different President by, among other things, refraining from removing people from their positions on political grounds, and spending much of his time in his office. But the presidency is not like any other office; it is an office […]
Former Justice Minister and private practice lawyer Ralph Kasambara has asked the High Court in Lilongwe to discharge the case in which he and others are answering charges of money laundering involving K5 billion . Kasambara and fellow lawyer Wapona Kita are also accused of conspiracy, possession of property suspected to have been stolen amounting […]
Minister of Finance, Economic Planning and Development Goodall Gondwe has told parliament that Anti-Corruption Bureau (ACB) vote in the national budget has a 167 percent increment “which is the highest of all votes” to make sure its efforts in fighting graft are not hampered by lack of funding. Gondwe said when he presented government financial plan for […]
Minister of Finance, Economic Planning and Development Goodall Gondwe has called for patriotism as the country starts debating the zero-aid budget with the hope to get budgetary support from donors and assured that government will expose all suspects in what is known as Malawi’s Cashgate—a K13 billion public finance scandal that rocked the country last […]
Malawi’s Lilongwe High Court on Thursday August 28, 2014 registered a first conviction in the ongoing ‘cashgate’ cases in which government officers and some businesses siphoned billions of money from government coffers through fraudulent transactions. The first convict in the cases is former Principal Secretary in the Ministry of Tourism Treaser Namathanga-Senzani who was found […]
Businessman Oswald Lutepo, the chief suspect in the systematic plunder of government money, dubbed ‘cashgate’, is proving to be unreliable and hostile witness after on Friday he told the Lilongwe Magistrate’s Court that he lied in his testimony on the 9th April against another suspect Victor Sithole. Lutepo – a former governing People’s Party executive […]
One of Malawi’s ‘cashgate’ cases in which businessman cum politician Wyson Zinyemba Soko is answering charges of theft and money laundering involving about K40 million is hanging in limbo after three witnesses have refused to testify. The witnesses who have refused to testify are interdicted Chief Tourism officer Leonard Kalonga alongside George Banda and Michael […]
Special prosecutor in Malawi’s Cashgate cases has revealed that further investigations into the theft of public money has shown that the chief suspect did not only siphon K3.1 billion from government confers instead the money stolen by the chief suspect alone is K4.3 billion. The revelation from the Special Prosecutor Kamudoni Nyasulu comes just days […]