Tuesday, May 21, 2024

Tag Archives: Noel Mkulichi

Investigations

FDH Fingered in a k10.4 Billion Money Laundering Scam

Government gives bank 14 days to pay back the money. FDH Bank is a suspect in K10.4 billion money laundering activities. This follows unwarranted and unjustified payment made to the bank from the Reserve Bank of Malawi between December 2018 and December 2020 ‘concerning the nature, purpose, and cost of Treasury note programme’. This has been revealed through a leaked...