The Anti-Corruption Bureau (ACB) has summoned National Oil Company of Malawi (NOCMA) Chief Executive Officer Emmanuel Matapa to explain the circumstances surrounding a staggering K700 million payment made to alleged scammers, in a dramatic escalation of the fraud scandal engulfing the state fuel importer. The summons, signed by ACB acting director Gabriel Chembezi, orders Matapa […]
Two senior officials from the National Oil Company of Malawi (NOCMA) have been arrested over the alleged fraudulent transfer of $403,615.63 — roughly K700 million — in a dramatic escalation of the scandal engulfing Malawi’s state fuel importer. Malawi Police Service (MPS) Deputy National Public Relations Officer Alfred Chimthere confirmed the arrests in a statement […]
Malawi’s state-backed fuel importer is facing severe political backlash after $404,000 (£300,000 / K700m) of state funds disappeared in a suspected fraudulent transaction, raising fresh concerns over corporate governance and institutional oversight in the Southern African nation. Dr Matthews Mtumbuka, the Presidential running mate of the opposition United Transformation Movement (UTM) and a Member of […]
The National Advocacy Platform (NAP) has launched a blistering attack on Malawi’s state-owned fuel company, demanding the immediate sacking of senior officials linked to a catastrophic K700 million payment blunder that has left the organisation’s financial controls in tatters. The controversial payment was made by the National Oil Company of Malawi (NOCMA) after the company […]
Malawi’s National Oil Company (NOCMA) is facing a wave of public fury and pointed questions after confirming it was duped out of a staggering $403,605 — roughly K700 million — in a sophisticated cyber fraud scheme, with social commentator Onjezani Kenani suggesting the scandal reeks of inside involvement. The state fuel importer confirmed in a […]
The National Oil Company of Malawi (Nocma) has been left red‑faced after cyber‑criminals tricked the state fuel importer into wiring $403,605 (about K700 million) straight into a fraudulent account — in what insiders are calling one of the most embarrassing digital heists in Malawi’s public sector. According to Nocma, the scammers impersonated Mozhandling Limited, a […]
A leading Malawian fuel importer has blown the whistle on a shocking scam after personally uncovering an attempt by a South Africa-based Indian fuel trader to forge his licence in a bid to illegally import fuel into the country. The whistleblower, a prominent local fuel importer speaking on condition of anonymity, warned that his own […]
“Success is brought by continued labour and continued watchfulness. We must struggle on, not for one moment hesitate, nor take one backward step.” – William Jennings Bryan US Secretary of State 1860 – 1925 The phrase “one step forward, two steps backwards” originates from an anecdote about a frog trying to scale a water well. […]
The National Oil Company of Malawi (NOCMA) has come under heavy criticism from the general public—especially commentators—in the manner it is handling the issue of award of contracts to companies that will supply oil and gas to the country. Malawians, including renowned social media influencer, Stanley Onjezani Kenani, have taken to social media platform, Facebook, […]
Parliament on Thursday, May 27, 2021 adopted a ‘Special Report of the Parliamentary Committee on Natural Resources and Climate Change on the Process of Procuring Fuel by National Oil Company of Malawi (NOCMA) and the Role of Malawi Energy Regulatory Authority (MERA),’ which was presented by the committee’s Chair, Welani Chilenga. There have been disagreements […]
“NOCMA should proceed with the necessary administrative arrangements within the law.” Parliamentary committee on energy and natural Resources has finally gave a go-ahead to National Oil Company of Malawi (Nocma) to proceed with awarding of contracts to fuel importing companies, which won the contracts a decision which has gone against Malawi Energy Regulatory Authority (MERA). […]
“For the interest of justice and restitution, we shall pursue this and all financial crimes to logical conclusion.” Malawi is a crime scene that a day hardly passes without lacking a stomach-turning story of a grand- white collar theft especially from those working in the public service and it has been established that the state-owned […]
A former National Oil Company of Malawi (Nocma) board member says the minister of Energy Newton Kambala has no legal power to cancel contracts at the state run oil company. Fryson Chodzi said what Kambala has done in writing the Nocma board to cancel all oil contracts until a new company management is hired is […]
Minister of Energy Newton Kambala has announced that government has cancelled the current round of tendering of all products, including petroleum supply, at National Oil Company of Malawi (Nocma) until new management is instituted at the state-owned oil company. Kambala said at the news conference that government had noted public concerns on the situation at […]
Minister of Energy Newton Kambala has said National Oil Company of Malawi (Nocma) deputy chief executive officer Hellen Buluma is “against supervision,” saying she informed him that she was receiving threats from some officials in government, but the Minister does not believe the threats exist. Kambala said this in published comment related to her reporting to […]
Deputy Chief Executive Officer for National Oil Company of Malawi (NOCMA), Hellen Buluma, has officially lodged a complaint to the Anti-Corruption Bureau (ACB) over alleged attempts to interfere in awarding of oil supply contracts by a Cabinet minister, a senior advisor to President Lazarus Chakwera and leader of one of the members of Tonse Alliance […]
Embattled National Oil Company of Malawi (Nocma) acting chief executive officer Hellen Buluma has been removed of her position. This follows the board of directors resolution that Buluma should no longer be acting CEO. The board which is chaired by Secretary to President and Cabinet (SPC) Zangazanga Chikhosi made its decision followingan uproar from a […]
President Lazarus Chakwera has commended the new board of State-owned National Oil Company of Malawi (Nocma) chaired by Secretary to President and Cabinet Zangazanga Chikhosi for assessing allegations of abuse of office by some of the executives there. Nocma has suspended CEO Gift Dulla and director of finance (DoF) Richard Milanzi to pave the way for […]