Malawi: High Court Denies Bail to Suspect in K20bn 'Bankgate' - Pakistan Is a Flight Risk

19 October 2017

High Court judge Silverster Kalembera has refused a bail request to Pakistani national Abdul Rehman Cotton Ginners Africa Limited (Cgal) who is jointly charged with board chairperson Mahomed Farook Ibrahim on suspicion of playing a part in the alleged defrauding of K20.9 billion from commercial banks through loans.

Rehman, one of the directors at Cgal, arrested upon arrival at Chileka International Airport in Blantyre.

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