Monday, April 22, 2024

Former Malawi Sugar Company Chief Arrested for Defrauding Govt

Shirieesh Betgiri

Attorney General Thabo Chakaka Nyirenda has assured the public of recovering funds embezzled by foreign individuals involved in Malawi Sugar Company. Progress toward this goal is evident as Lilongwe Police have arrested the former Chairperson of Salima Sugar Company Limited. Additionally, warrants for the arrest of three other suspects, namely Henri Njoloma, Prashant Sharma, Vikas Hirawatt, and Sachin Nikam, are in hand.

These individuals, suspected of having left the country, will be pursued with the collaboration of international agencies. The arrests follow a forensic audit report revealing substantial financial fraud committed by private investors associated with the company. National Police Publicist Peter Kalaya has indicated that the suspects may be brought to court today.

“Let me assure Malawians that those who travelled outside the country will be cornered as we work with our international sister agencies like Interpol,” Kalaya said.

According to Kalaya, the suspects will answer charges ranging from uttering false documents, forgery, cheating, conspiracy to defraud and money laundering.


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