Cashgate: Sithole Gets 9 Years Imprisonment

Plot To Plunder govt coffers

The Lilongwe Senior Resident Magistrate Court has on Tuesday sentenced one of the cashgate convict Victor Patrick Sithole to nine years imprisonment for being found guilty of money laundering, found in possession of foreign currency illegally and found in possession of property suspected to have been stolen.

Sithole was the first person to be arrested in September last year in connection to cashgate when police impounded in his house and found him with foreign currency, of South African Rand's R122, 200 and, US$31, 000, and was also found with MK112 Million cash.

JTI Asks Malawi Govt To Revise Tobacco Policies

The Japanese Tobacco Industry (JTI) wants Malawi government to address some of the policies and regulations that are directly affecting companies in Tobacco industry.

The company has observed that some of the old regulations are an impediment for a win-win situation among the key players in the tobacco industry.

JTI’s Cooperate Affairs and Communication Director Mr. Limbani Kakhome made these remarks in Lilongwe at a JTI’s facilitated workshop called ‘Regulatory Impact Assessment (RIA) Seminar’ aim at enhance skills for the Directors from various government Ministries and Departments in becoming effective policy and regulatory makers.

Full Cashgate Report With Names Released To The Public: Now In Hands of Malawi Media

Malawi Ministry of Justice and Constitution Affairs has finally presented to the Media through Ministry of Information the Baker Tilly audit report which contains full names of the suspected cashgate looters.

Minister of Justice and Constitution Affairs Samuel Tembenu has finally submitted the Baker Tilly Cashgate report containing names of suspected individuals and companies who looted public coffers on Thursday evening in Lilongwe through the Minister of Information Kondwani Nankhumwa.

The Justice Minister said, this report has full names of companies and individuals involved in cashgate and is "still intact in a PDF file format" as it was received, therefore nobody has manipulated any information from it.

Stop Ill-treating Children With Life Limiting Illnesses; Hospital Is The Answer-CPC

Children’s Palliative Care (CPC) says cases of ill-treatment of children suffering from life limiting illnesses are growing rapidly every passing day in most communities across the country a situation is fueling deterioration in the condition of many little patients.

According to Jean Tauzie CPC Project Coordinator such abuses are being done by both members of communities, parents and guardians of children living with life limiting illnesses. She said some of the reports being received by the organization include reports of discrimination and several forms of abuse, of which some of them are very shocking. 

Malawi Improving In Financial Sector Activities­- RBM

The Reserve Bank of Malawi (RBM) says over the last ten years, the demand and use of various financial services has continued to register an encouraging upward movement. This is because, a lot of people living in both urban and rural areas have started to practice a saving culture and are engaging themselves in various financial activities.

RBM’s Deputy Governor responsible for Supervision Dr. Grant Kabango said this as Malawi begins 2014 National Financial Literacy Week being commemorated under the theme ‘Financial Literacy: Building a Financially Literate Nation’. And the week has been launched on Monday at Community ground in Lilongwe.

Mutharika Appoints 9 On Diplomatic Mission; Mhone, Mhura, Mussa among the list.

The Malawi leader Professor Peter Arthur Mutharika has appointed nine new officers who will be representing the country as Ambassador's and High Commissioners.

The appointees includes one of the prominent lawyer Necton Mhura, Voice Mhone a former  chairperson for the Council for Non-Governmental Organizations in Malawi (CONGOMA), and Democratic Progressive Party's (DPP) Vice President for the Eastern Region and former  Zomba Central Constituency parliamentarian Yunus Mussa.

Cashgate; Makande, Chioko On Bail

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"