Prophet Isaiah Mkandawire of Rhema Ministries – which operates at northern region district if Rumphi and surrounding areas – has been arrested for allegedly obtaining money by false pretences, Malawi police have confirmed. Rumphi First Grade Magistrate Court heard that in October last year, Mkandawire approached one of his faithful Harry Chunda – who belongs […]
Directors of the Africa Business College have been arrested and remanded at Maula Prison on charges of making a false document and obtaining money by false pretence. Lilongwe Police Public Relations Officer Ramsy Mushani identified the three directors as 32 year old Peter Machilika from Lilonde village TA Kanduku in Mwaza district, 35 year old […]
Malawi Police said it has arrested Roosevelt Franklin Ndovi, 50, a Principal Accountant in the Accountant General’s department in Lilongwe for alleged illegal possession of K3 million in his car and US$25,000 found at his house. National police Spokesperson Rhoda Manjolo said Tuesday that following a tip off, officers pounced on Ndovi and when they […]
Malawi’s graft-busting body Anti-Corruption Bureau (ACB) on Monday arrested Maxwell Namata , a third suspect involved in a syndicate stripping finances from government through illegal encashment of cheques using companies that did not supply any goods or services as authorities urged immigration officials to step up vigilance against suspicious travellers. ACB confirmed in a statement […]
Fiscal police have apprehended two more government officers stationed at Dowa District Council for being suspected of embezzling about K19 million. The money, meant for the Local Development Fund (LDF), went missing early this year after a whistle-blower at the council tipped the Anti-Corruption Bureau (ACB) about the disappearance of the funds. The suspects are […]
The Department of Accountant General in Malawi is warning the public that some fraudulent individuals are forging government cheques and use them to acquire goods and services from providers. According to the department, the perpetrators have taken advantage of the modern technology to forge and print cheques which resemble those of government and are used […]
Malawi police in the central region district of Kasungu have arrested an Opportunity International Bank (OIBM) operations supervisor suspected of stealing K1, 439, 000 from a customer’s account. Kasungu police station spokesperson Edwin Kaunda confirmed the development to Nyasa Times on Wednesday. Kaunda said the suspect Lincy Mandali who was OIBM’s operations supervisor for Kasungu Branch […]
Malawi’s Accountant General Department has lost about K150 million and investigations are underway on the matter, it has been reported. According to published reports, Finance Intelligence Unit (FIU) are probing the scandal. “The Accountant General Department reported the missing of some discarded cheques that were meant for destruction/disposal by the Reserve Bank of Malawi,” ministry […]
Police in Mzimba have arrested two employees of First Merchant Bank (FMB) Mzimba branch on allegations that they swindled MK6 million clients’ money through fraudlent means and false accounting. Bank sources told NyasaTimes that that the duo Retail Development Executive Chawangwa Mughogho and Operative Assistant Binala Mitawa were nabbed after the Bank’s audit implicated them […]
Malawi Police in the northern city of Mzuzu have arrested a South African national for attempting to defraud Standard Bank Mzuzu branch of MK2 million using fake American Express Travelers’ Cheques. Mzuzu Police Station Public Relations Officer Sergeant Maurice Chapola confirmed the arrest of Bonface Mkosi, 47 of Short Street in Cape Town, South Africa. […]
Massive corruption involving top management at the Malawi Broadcasting Corporation (MBC) has forced its Financial Controller, Andy Kamwala, to relinquish his position in protest, Nyasa Times can reveal. The scam primarily centers on the Director of Finance (DOF), Felistus Chikusilo, Controller of Administration, Ronald Mateyu and former Director of Programs, Chimwemwe Banda. According to our […]
Police in Mangochi are keeping six people in custody for suspecting to have been involved in fraud transactions at Njereza Cement Product Company in the district. Mangochi Police Public Relations Officer, Inspector Rodrick Maida said they arrested the six suspects on January 2 this year in Lilongwe and Salima districts respectively following an audit report […]
Police in Blantyre have arrested Old Mutual Insurance Company employee, Gerald Chifundo Mbewe for doctoring insurance policies to defraud the company millions of Kwachas. Mbewe, 30 –years-old was working as Client Service Personnel until he was suspended in July this year after being cornered to have tempered some clients’ insurance policies and managed to swindled […]