“The difference between stupidity and genius is that genius has its limits.” – Albert Einstein The epistle according to ‘Chief Cashgater’ Oswald Lutepo makes for some interesting reading. This is supposed to be a bomb-shell in what can perhaps pass as the worst financial scandal to rock Malawi in the 50 years the country has been […]
One of the cashgate suspect Oswald Lutepo who was recently in the news and was arrested for lying is at it again with Attorney General (AG) Kalekeni Kaphale doubting the authenticity of the claims he made in his letter to the AG in which he accused several senior legal minds of professional misconduct. In his […]
Businessperson Oswald Lutepo, the chief suspect in ‘cashgate’, the systematic plunder of government money as been unconditionally released by Lilongwe Magistrate Court. Lutepo has been charged with perjury for confessing that he gave false testimony under oath in court. Private practice lawyer Oswald Mkupira, who is representing Lutepo, told the court that said his client fell ill in […]
The Anti-Corruption Bureau (ACB) on Friday rearrested Haster Kapita Kabvina, an Accountant and Systems Administrator at the Department of Accountant General for abuse of office. Kabvina will be charged with two counts of abuse of Public Office contrary to Section 25 B (1) of the Corrupt Practices Act, according to ACB spokesperson Egrita Ndala. He […]
Former Justice Minister Ralph Kasambara who is one of those answering charges of money laundering involving more than K5 billion and other charges surrounding Malawi’s cashgate scandal has demanded that special state prosecutor Kamudoni Nyasulu should not continue handling the case. Kasambara, his law firm Ralph and Arnolds, his partner Wapona Kita, along businessman Pika […]
Businessman Oswald Lutepo, the chief suspect in ‘cashgate’, the systematic plunder of government money, has been moved from Police custody to City Centre Clinic in Lilongwe, where he is being treated under police guard for un disclosed ailment. Lutepo’s lawyer Oswald Mkupira said his client fell ill in police cell Sunday night after his arrest. […]
The court trial of the shooting of former Budget Director, Paul Mphwiyo, which has begun in earnest promises to unearth some America’s Al Capon type of underhand practices and dirty dealings. At the moment, it seems the main man is Osward Lutepo, one time fugitive and state witness, and, now, not very state witness. Lutepo, […]
One of the suspects in the Cashgate trial, Victor Sithole, is likely going to be acquitted in a case he has been charged with being found in possession of unexplained large amounts of money, a law expert has observed. Sithole answer charges in connection with large amounts of money including K112 million, $31 800 and […]
Businessman and one of the suspects in the Cashgate scandal, Oswald Lutepo, has been rearrested in Kasungu – just after claiming to Attorney General in a letter that he was coerced into writing false witness and caution statements with a view to implicate former Justice Minister Ralph Kasambara. Lutepo confimed with Nyasa Times on Sunday that […]
Malawi law experts have argued that businessman and one of the suspects in the Cashgate scandal, Oswald Lutepo, risks facing fresh charges of perjury and obstruction of justice for his claims that he was coerced into writing false witness and caution statements with a view to implicate former Justice Minister Ralph Kasambara. In a letter […]
The High Court in Lilongwe has ordered the Director of Public Prosecutions (DPP) to release recordings of mobile phone conversations( call logs) in which some people are said to have issued former Malawi Ministry of Finance budget director Paul Mphwiyo with death threats. Judge Michael Mtambo made the order Thursday morning following an application by […]
A meeting of ‘inner-circle’ members of the governing Democratic Progressive Party (DPP) held on June 14, 2014 indicate that they wish government treads carefully on cash-gate prosecutions to avoid “shooting own foot”. The meeting, which was held at Lilongwe-Mtunthama State Lodge, was chaired by President Peter Mutharika’s personal assistant and closest confidante, Ben Phiri. Other […]
We are in Liwonde, a town that is blessed with warehouses nobody currently needs. In the long term vision of the founders of this country, Liwonde would have been by now the hub of commerce. They dreamed that goods would be transported from across the world through the Nacala-Liwonde or Beira Nsanje rail network to […]
High Court in Lilongwe has ordered Maxwell Namata and Luke Kasamba who have been charged with theft and money laundering in the ongoing Capital Hill Cashgate trials, to defend themselves. The two businessmen pleaded not guilty to the two counts that they stole K24 million from government and proceeded to use the proceeds for their […]
“One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a […]
Most companies in Malawi are losing about 5 percent of their earnings through fraud and corruption, Director of Business Development Facility, Gabriel Kamanga said. Kamanga also asserted that the country is far away from required standard levels of detecting and dealing with fraud, which he observed, hinders the growth of the business sector and other […]
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has warned that the private sector would stop remitting tax to the Malawi Revenue Authority if President Peter Mutharika’s administration shows no financial prudence. MCCCI also expressed unhappiness with government’s unwillingness to deal cash cases which led to the withholding of 150 million dollars in […]
Malawi President Peter Mutharika has fired Army Commander Henry Odillo , his deputy John Msonthi and appointed Major General Atanasio Maulana as the new military chief. Mutharika fired General Odillo has been implicated in a latest audit report on the looting of millions of kwachas from Malawi government christened as the Cashgate scandal. Odillo has […]