Friday, July 19, 2024
Justice Affairs

Court adjourns case involving Mwanamveka, Kabambe to next year

Chief Resident Magistrate Court commits the Kabambe, Mwanamveka and Mathanga Reserve Bank fraud and criminal misrepresentation case to the High Court

Senior Resident Magistrate Florence Msekandiana has today adjourned a case involving former minister of finance, Joseph Mwanamvekha and former Reserve Bank governor, Dalitso Kabambe, to next year March.

The two are accused of presenting wrong figures to the International Monetary Fund- IMF and the World Bank regarding the country’s economic status.

The two were today back in court for their case’s directions.

And speaking to MIJ Online, Mercy Chijere Defense lawyer said they are waiting for the State to furnish the defense with evidence disclosures for them to start preparing for the case.

On his part, Steve Kayuni Director of public prosecution said everything is set and the case will be coming on 10th March next year for trial.

The arrest of the two came two days after Malawi’s attorney general Thabo Chakaka Nyirenda told reporters that the government is investigating the sale of Malawi Savings Bank and also issues that led the IMF to withhold its Extended Credit Facility or (ECF) to Malawi.

Six years ago, the administration of President Peter Mutharika sold the state-owned savings bank to Thom Mpinganjira, who is now saving a nine-year jail term for attempting to bribe judges who were handling a 2019 election dispute case.


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