In the ruling which was delivered by Judge Redson Kapindu of the High Court registry in Zomba on in sentencing cashgate convict Oswald Lutepo to 11 years jail term, he pointed out that the ‘chief cashgater’ was faking mental illness and is “marginally remorseful.” Citing psychiatric experts report, Judge Kapindu pointed out that Lutepo is pretending […]
The State wants to confscicate the property and other assets belonging to imprisoned ‘chief cashgater’ Oswald Lutepo, Anti-Corruption Bureau (ACB) deputy director Reyneck Matemba has confirmed. Matemba said they will seek a determination from High Court on pecuniary penalties to be meted out on Lutepo. The jailed businessperson-cum-politician risks losing assets of his companies, among […]
Convicted cashgate businessman Osward Lutepo has expressed his unreserved bitterness over his lengthy custodial sentence unleashed on him, accusing State prosecutors of using him , saying they were only desperate to represent to the world that government was making progress when in fact they want to victimise a few individuals. Lutepo has also not spared […]
Judge Redson Kapindu has been hailed for delivering justice to Malawian taxpayer for handing a hefty jail sentence to Oswald Lutepo, a major figure in the “Cashgate” scandal, which led to several donor countries cutting their contributions to one of the poorest nation in the world. In an editorial in one of the titles of Malawi’s […]
The wise statement: better to remain silent and be thought a fool, than to speak out and remove all doubt, attributed to Abraham Lincoln, has once held its own with respect to the fall of one Oswald Lutepo. On the day of his sentencing, chief cashgate convict Oswald Lutepo went down fighting with allegations that […]
Malawi’s former president Joyce Banda has welcomed the 11 years jail term handed to her People’s Party (PP) former senior official Oswald Lutepo to for his role in the “Cashgate” corruption scandal that led to a cut in foreign aid to the impoverished country. Speaking at the Businesswoman of the Year Award Gala Dinner in […]
Judge Redson Kapindu of the High Court registry in Zomba on Friday dismissed claims by cashgate convict Oswald Lutepo‘s mitigation that he is too unwell to walk amidst reports, he is fit and well in closed doors. Lutepo attended court for sentencing in a wheelchair and has been using it since December last year. His according […]
High Court Judge Redson Kapindu from Zomba Registry has sentenced up to 11 years imprisonment chief cashgate convict Oswald Lutepo. Lutepo, who was convicted on his own plea of guilty to two counts of conspiracy to defraud government and money laundering, looked grumpy after the sentence was handed down to him. The convict, who has […]
Director of Public Prosecution Mary Kachale told High Court in Zomba in Malawi that stolen from government in cashgate scandal was used to fund the then governing People’s Party (PP) election campaign and also a presidential aspirant of Malawi Congress Party [MCP]. Kachale also commended Lutepo for his disclosure in the declaration statement which she […]
Standard Bank of Malawi has been ordered by High Court to produce cheque images that show transactions carried on the accounts of companies owned by cashgate convict Oswald Lutepo between April and October 2013 identifying those that benefited from the infamous cashgate scandal. The principal beneficiaries Lutepo, whose companies accounted for K4.2 billion (($7.5 million)of […]
Prosecutors in the cashgate case involving convicted businessman Oswald Lutepo has appealed to Judge Redson Kapindu to infuse stiff sentence to the convict dismissing mitigation factors by his defence lawyer seeking a lenient one year jail but suspended. Lutepo’s lawyer, Oswald Mtupila, on Monday pleaded for leniency, before Judge Kapindu at High Court registry in Zomba. […]
Sentence on convicted businessman and chief cashgate defendant Oswald Lutepo has been adjourned yet again. Lutepo, who was convicted on his own plea of guilty on charges of conspiracy to defraud government and money laundering of K4.2 billion ($9.3 million) between April and September 2013, will wait until August 31 to mitigate his sentence. He […]
Convicted businessman and chief cashgate defendant Oswald Lutepo will be sentenced and start serving jail while application for confiscation and pecuniary penalty orders has been postponed. Lutepo, who was convicted on his own plea of guilty on charges of conspiracy to defraud government and money laundering of K4.2 billion ($9.3 million) between April and September […]
The High Court in Zomba has postponed the sentencing of convicted businessman and chief cashgate defendant Oswald Lutepo until Monday August 3. Lutepo, who was convicted on his own plea of guilty on charges of conspiracy to defraud government and money laundering of K4.2 billion ($9.3 million) between April and September 2013, was due for […]
It ‘s now done deal, prosecution has sealed a deal with Cashgate convict Oswald Lutepo, to testify against former president Joyce Banda and implicate in the K24 billion plunder of the public resources in return get amnesty. Lutepo recently changed his plea to guilty in the K4 billion fraud and money laundering charges and was […]
High Court Judge Redson Kapindu has rejected a plea by convicted businessman Oswald Flywell Lutepo to be given special privileges in jail. Lutepo was on Monday June 15, 2015 convicted on his own plea of guilty on charges of money laundering and conspiracy to defraud government of K4.2 billion (US$9.3 million) between April and September […]
Businessperson Oswald Lutepo has pleaded guilty to charges of theft and laundering K2.1 billion believed to have been obtained in the plunder of government funds popularly referred to as Cashgate and has been convicted by High Court in Zomba. Appearing before Justice Redson Kapindu, businessman Lutepo, who was in a wheel chair entered a plea […]
High Court Judge Micheal Mtambo has ruled against application which lawyer for businessperson Oswald Lutepo made for the state to bear the costs of his case after he was formally discharged in the attempted murder former Ministry of Finance budget director Paul Mphwiyo. The court determined that the prosecution had failed to provide sufficient evidence […]