K300 Million Missing at Students’ Loans Board
As Malawi government, through the Higher Education Students’ Loans and Grants Board (HESL&GB), is on a campaign to recover loans from beneficiaries, an audit report has revealed misappropriation of funds at the institution. According to The Nation on Sunday, the board has embezzled K300 million in a fraud linked to Africa University of Guidance and Counselling, a private university in...
