Tuesday, May 21, 2024

Tag Archives: Aum Sugar

FeatureLaw and order

Salima Sugar’s Dark Deeds Exposed: Directors Embezzle and Laundered Over K198 Billion

First things first: Salima Sugar Company Limited (simply Salima Sugar) is a public limited company registered under Companies Act, Malawi. The Government of Malawi owns 40% of its total shares while the 60% shares are held by Aum Sugar Company Limited, an international company from India. Aum Sugar, who are cited as promoters of the company, are responsible for the...