The Lilongwe Chief Resident Magistrate Court has granted bail to Hophmally Makande on Money Laundering charge.
Makande is being represented by Ralphael Kasambara and has been formerly charged with aiding laundering of K2.1 Billion stolen by Paul Mphwiyo and other suspects.
According to the charge sheet the accused "between months of April and September 2013 aided Paul Mphwiyo, Michael Mphatso, Maxwell Namata, and Leonard Kalonga to launder K2.1 billion"
When granting bail to Makande Chief Resident Magistrate apart from being available for trial, not jeopardize with state investigations including witnesses Among the bail conditions are
° Surrender all Travel Docents to ACB
° Produce two Sureties bonded to K1 Million non cash
° Report to ACB once in a week
° And Bonded with K1 Million cash
Ishmael Chinoko Bail
From the same Court, Ishmael Chioko has been granted bail after being arrested Tuesday this week on two charges both connected to cashgate
Ishmael Chioko has been charged with two counts of Money Laundering of up to 50 Million "between July and December 2013 in the city of Lilongwe aided and abated Thandizo Mphwiyo (wife of Paul Mphwiyo) to launder K50 million through his Good Deeds Trust knowingly that the said money was stolen."
And he is accused of Conspiracy to defeat Course of Justice where "on 23rd April 2014" the accused gave "false statement to ACB in respect of ownership and transactions of Good Deeds Trust."
But Chief Resident Magistrate Resident Magistrate Paul Chiotcha has granted bail to Chioko who is being represented by Powell Nkhutabasa, on conditions that
° He surrenders all his travel documents to ACB
° Produce two Sureties with K1 Million non cash
°Report to ACB once a week
° And Bonded with K1 Million cash
The Anti-Corruption Bureau on 21st October, 2014, arrested Mr. Ishmael Chioko for a suspected charge of Money Laundering contrary to Section 35 (1) of the Money Laundering, Terrorist Financing and Proceeds of Serious Crimes Act.
His arrest is in relation to the ongoing investigation into cash gate and was taken to Court after the Bureau had recorded a caution statement from him.
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