Thursday, July 18, 2024

Tag Archives: Ida Nkolimbo

National

Malawi Posts Corporation’s executive management suspended over abuse of funds

The board of directors of financially crippled Malawi Posts Corporation (MPC) has suspended the corporation’s executive management for alleged mismanagement of proceeds from the sale of property estimated at K1.6 billion. The board, which met on Thursday, made the resolution following the disposal of MPC building in Zomba at K1.6 billion. In a communication to colleagues made available to Shire...