-->

Monday, July 31, 2017

Corruption scandal: Malawi issues warrant of arrest for former president Joyce Banda


Malawi police on Monday issued an arrest warrant for former president Joyce Banda in connection with the country's "Cashgate" corruption scandal, which involved large-scale looting of government coffers.

"Malawi fiscal and fraud police have unearthed credible evidence which raises reasonable suspicion that the former president committed offences relating to abuse of office and money laundering," national police spokesman James Kadadzera told AFP.

Banda has been living in self-imposed exile since she lost to President Peter Mutharika in the 2014 election.

Kadadzera said Banda is "suspected of abusing her office" in the Cashgate scandal.

He said the warrant of arrest came into "force" from Monday.

Cashgate is the biggest financial scandal in Malawi's history and helped push Banda out of power in 2014.

That came after she ordered an audit the previous year which discovered that $30 million had been looted by officials in less than six months in 2013.

Dozens of civil servants, business people and politicians have since been implicated in the scam, and some have been jailed.

International donors pulled the plug on aid of around $150 million over the scandal.


AFP

0 comments:

Post a Comment

Contact

Talk to us

WHAT?! My fabulous viewers!? You have opinions? GREAT! Share them.

Comments:

@AdeolaFayehun

About Me!

authorAdeola Fayehun offers News and Videos exposing the political, economic and social events plaguing Africa and the rest of the world. This is presented as a mixture of news and satirical videos.
Learn More →

Videos

Post Top Ad

Author Details

Adeola Fayehun offers News and Videos exposing the political, economic and social events plaguing Africa and the rest of the world. This is presented as a mixture of news and satirical videos.

Post Top Ad

Contact

Enquiries email: adeola.keepingitreal@gmail.com For Booking: booking@adeolafayehun.com Advertising: advert@adeolafayehun.com

Breaking

Recent News

About Me

authorAdeola Fayehun offers News and Videos exposing the political, economic and social events plaguing Africa and the rest of the world. This is presented as a mixture of news and satirical videos.
Learn More →

Recent

Southern Africa

Follow Adeola

Over 600,000+ Readers Get fresh content from FastBlog

North Africa

Comments

World

The World

Facebook

West Africa

East Africa

Featured