Veep says ‘no cause for alarm’ over K100m transaction: Clarifies on FDH  Bank account

Spokesperson of the  office of vice-president and Disaster Management Affairs, Charles Wahara,  has said there is no cause for alarm  on the transfer of  K100 million from  Ifmis—government’s electronic payment system— to FDH Bank account to be used for month of November  for Vice-President Everton Chimulirenji public functions.

Malawi’s new vice president, Evertone Chimulirenji, replaced Saulos Chilima, who finished third in the May 21, 2019 elections.

The public raised red flags when a leaked letter  from the  Office of the Vice President, dated  November 6 2019 in which the Principal Secretary and Commissioner for Disaster Management Affairs, Wilson Moleni requested Accountant General to move the money from Ifmis to FDH Account.

Moleni said the K100 million would cater for “urgent expenses.”

But in a statement made available to Nyasa Times, Wahara said  the office of the vice-president and Disaster Management Affairs operates a holding account at FDH Bank.

“The purpose of this  account is to cater for urgent transactions for activities under the office of the Vice-President pertaining to delegated duties and Disaster Management issues,” Wahara said in the statement.

He said the office of the vice-president is funded quarterly and part of the funds are transferred to the the operating account at FDH Bank.

“These funds that are transferred are withing the approved budget for the office.

“The office therefore, seeks formal approval from the Accountant General to facilitate the funds transfer from the Ifmis system to the operating account at the FDH Bank,” said Wahara.

The veep’s spokesman said it is a “normal practice” and is within the confines of the Public Finance Management Act.

“This is a government account and all transactions made under the account are duly approved by the Controlling Officer as it is  the case with all standard Ifmis transactions,” he said.

Wahara said the FDH Bank operating account is duly audited by the National Audit  Office.

He said the public should not be alarmed by the leaked letter  by Moleni to Accountant General to transfer the K100 million from Ifmis to FDH Bank holding account, saying “it is a normal transaction.”

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Nasingwe
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Nasingwe

from the look of this picture,
he seem to have no clue of wat he is doing,i mean the consequences.
ncito za ku Mw amangoti khalani apa.bola mpando wakhalapo munthu. no wonder he sat on somebodys seat when he went to Tz. basi zotelezi zimamucititsa munthu cizumbazumba,cizungul8le

Ada
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Ada

Bingu Mutharika Government used to steal out money using Malawi Savngs Bank (MSB). The bank was finally sold after the liquidity issues problem.
Peter Mutharika Government is using FDH Bank of his home boy Mpinganjira to steal the money.
History repeats itself. Issues of liquidity will soon hit this bank, may be before the end of 2020. Regime change is impending and I wonder how much this will be tolerated. Mark my words, by the end of 2020 expect disasterous end

chimanga
Guest

FDH ia a bank of thieves yet mwini wake amanamizila kupemphela

mada k
Guest

idyani misonkho yathuyo…anyapapi inu

Lego
Guest

Its normal kkkkk but this Government is full of shit

kanchenga
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kanchenga

For all we know stealing is a normal practice in the dpp government but is it a legal practice. Thats the question. Whoever leaked that letter knew that something is out of order. He knows the legal practice and he wants Malawians to know that dpp is continuing doing their normal practice STEALING

Godiba
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Godiba

I was wondering myself. I think Malawi is just full of jealousy and illiterate people. Lack of ethics among civil servants.
Should a Govt. department fail to use its own allocated funds just because some quarters don’t understand how Govt. operations are carried???

Dolo
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Dolo

I smell DPP cadetism here

Halawala
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Halawala

The money is meant to pay for the honey moon trip for Gomani to Dubai. VP had promised his chief that he would pay for everything. Tax payers have reasons to raise concerns. It is their hard earned money. Why was the VP not making all those promises and payments before he ascended into the post? Gomani is waiting for the money. All this is because Malawians are sleepy. They don’t care when someone steals their money

Destroyer of liars
Guest

So FDH Bank was created solely to be a conduit for illegal government transfer of funds. Alufandika transferred 4 billion to the same bank to pay his team of election riggers and yet Mpinganjira had the impudent to tell Malawians that his bank clean of all underworld transactions.

Angoni apaphata
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Angoni apaphata

When was the last time such a normal transaction occurred? If it is the first time or only happens once in a while there is nothing normal about it. Why not just withdraw from whereeve the source is if it is normal.

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