Malawi’s ex-president wanted over ‘money laundering

0
18
Joyce Banda
Joyce Banda was president from 2012 to 2014

Police in Malawi have issued an arrest warrant for former President Joyce Banda over a corruption scandal, known as cash-gate, during her time in office.

In issuing the arrest warrant for ex-President Joyce Banda, Malawi’s police said they have “unearthed credible evidence” in connection with the $250m (£190m) cashgate corruption scandal which “raises reasonable suspicion that the former president committed offences relating to abuse of office and money laundering”.

Mrs Banda is outside the country and the police have said they will ask Interpol for help in getting her to come home, a journalist has tweeted.

ALSO READ:   I don't know why People are Happy When someone is Down ~ Okorocha

Cashgate is the biggest financial scandal in Malawi’s history and involved the loss of some $250m of state money.

Officials were accused of siphoning off the funds during the presidency of Mrs Banda.

Mrs Banda has not commented on the allegations against her.

LEAVE A REPLY

Please enter your comment!
Please enter your name here