Tags: Cashgate

NGOs not submitting financial reports

  A mapping exercise carried out by the Non-Governmental Organisations Board of Malawi (NGO-Board) has found that 67 percent of the organisations visited reported a total of K46.7 billion ($63.2 million) annual budgets, but few are submitting financial reports. The development comes at a time when development partners have dumped government financial systems and opted…

No hope for aid

  Pressure points The continued lack of expenditure controls as evidenced, for example, by the fact that “there has not been a single month of bank reconciliation” two years after Cashgate; government’s failure to produce audited accounts; poor financial reporting and oversight, are some of the problems that forced the EU to give up on…

JB ordered cashgate—EX-PS

  Witness statements tendered in court show that former president Joyce Banda told Cabinet ministers to solicit campaign funds for the May 20 Tripartite Elections from their respective ministries. The document, seen by The Nation, was authored by jailed former Ministry of Tourism and Culture principal secretary (PS) Treza Senzani who is currently serving a…

BIU hit by Chashgate-like Scam

  Police in Blantyre have arrested a finance officer for privately owned Blantyre International University (BIU) while another is at large after they allegedly staged a Cashgate-like fraud at the institution. BIU accountant Francis Chiwaula and Blantyre Police Station spokesperson Elizabeth Divala confirmed the arrest of 26-year-old Francis Kapalamula in separate interviews on Monday. Kapalamula…

Lutepo ponders appeal

  Recently jailed Cashgate convict, Oswald Lutepo, has said he is contemplating appealing against his 11-year jail term. Lutepo, in an interview at Mikuyu Juvenile Rehabilitation Centre on Friday, said he expected a lenient sentence from the court after he pleaded guilty and helped the State with necessary information. He said the court did not…

Govt goes after Cashgate wealth

  Government, with support from development partners, is set to launch a special unit that will be responsible for confiscating wealth proven to have originated from proceeds of crime, primarily Cashgate. European Union (EU) head of politics, press and information office James Dolan confirmed to Nation on Sunday in a response to an e-mail questionnaire…

Twists in  Lutepo case

The High Court in Zomba on Monday ordered Standard Bank Malawi to supply all images of bank cheques issued by two of businessperson-cum-politician Osward Lutepo’s companies to trace ultimate beneficiaries of Cashgate money. High Court judge Redson Kapindu made the ruling following a plea by Lutepo’s lawyer, Oswald Mtupila, that his client was only used…

Kalonga off the hook in k105m case

  The State has removed Cashgate convict Leonard Kalonga from the K105.9 million money laundering case he was co-charged with businessperson Angella Katengeza on grounds of his conviction on his own plea on Wednesday. However, Katengeza has maintained her not-guilty plea. Kalonga, a former assistant director of tourism at Ministry of Tourism, faced conspirancy to…

  When Nelson Mandela said ‘our major challenges are joblessness, crime and corruption’, many thought he spoke for South Africans only, but if you look around, these are calamities that continue to derail success of most African countries have not spared Malawi. The 2013 Malawi Labour Force Report by National Statistical Office (NSO), published in…

2010 Cashgate  case in court

The High Court in Lilongwe on Wednesday started hearing  a case involving 14 civil servants believed to be the masterminds of looting public funds at Capital Hill between November 2010 and June 2011. It emerged during a court appearance on Wednesday that the 14 allegedly conspired to swindle public funds amounting to K201 million during…

Mist over Cashgate lead prosecutor

Court records seen by The Nation show that former ombudsman Enock Chibwana has replaced fellow hired private practice lawyer Kamudoni Nyasulu as lead Cashgate prosecutor for the State. However, Ministry of Justice and Constitutional Affairs spokesperson Apoche Itimu on Wednesday could neither confirm nor deny the developments. In a telephone interview, Itimu said Director of…

Cashgate meet to seek solutions

Malawi is set to hold a multi-stakeholder conference to review what caused Cashgate and find ways to avoid a repeat of the plunder of public resources at Capital Hill. This will be the first time a conference has been held since revelations of Cashgate following the shooting of former Ministry of Finance budget director Paul…