Malawi police has commenced a fraud case against Lilongwe resident Nelson Mbeketeya and his three sons after renowned Mbeya Private Investigators discovered that the four defrauded Prime Insurance Company K1.7 million through bogus insurance cover claims. The development comes barely less than two months after Mbeya Private Investigators busted another syndicate that could have defrauded Prime Insurance Company millions of […]
Mbeya Private Investigators, emerging giants in investigating criminal and civil cases, foiled a move by a syndicate to defraud Prime Insurance Company, their client, millions of kwacha through bogus insurance cover claims, Nyasa Times has established. Both Mbeya Private Investigators Managing Director Golden Mbeya and Prime Insurance Chief Operations Officer Gabriel Kamanga confirmed the development […]
The High Court in Blantyre has blocked the Reserve Bank of Malawi (RBM) from taking over management of a local insurance company, Prime Insurance Limited. At a news conference on Friday in Lilongwe, RBM announced it was putting the insurance company under its administration to recapitalise it or risk being declared insolvent. Chuka said central […]