Public Accounts Committee (PAC) of Parliament has reopened its inquiry into the Public Service Pension Trust Fund acquisition of Amaryllis Hotel and summoned key stakeholders, including former Secretary to the President and Cabinet Colleen Zamba.
In an interview yesterday, PAC chairperson Steven Malondera said the committee was set to meet to adopt its agenda before beginning stakeholder hearings today.
her response. | Nation
He said besides Zamba, who was not available during the initial inquiry because she was receiving medical attention abroad, other stakeholders summoned include hotel owners Yusuf Investment Limited, Zamba’s successor Justin Saidi, former Reserve Bank of Malawi (RBM) governor McDonald Mafuta Mwale and National Bank of Malawi plc.
However, Malondera said the committee was yet to get confirmation from Zamba after issuing a fresh summons.
“We sent another invitation. We are waiting for her response,” he said.
In an interview yesterday, lawyer George Kadzipatike, who is representing Zamba, said his client remains unwell and doctors have not indicated when she may return home.
PAC, in its letter to Zamba dated April 9 2026, said she played a central role in the transaction, as such, her testimony is critical.
The committee has set April 28 2026 for Zamba’s appearance.
The inquiry, expected to run for a month, follows criticism that earlier proceedings excluded key stakeholders.
Minister of Information and Communications Technology Shadric Namalomba yesterday welcomed the move, saying it aligns with the government’s position that all parties must be heard.
Human Rights Defenders Coalition chairperson Michael Kaiyatsa also backed the reopening but urged PAC to ensure all relevant actors testify, including current and former finance ministers and secretaries to the Treasury.
PAC was mandated to investigate the hotel deal after the K128 billion price tag raised eyebrows, especially coming after the property was earlier pegged at K48.7 billion in 2024.
The committee had already tabled a report, but government and civil society objected, arguing that crucial witnesses such as Zamba and Yusuf Investments needed to be heard; hence, the reopening.
