Malawi: Reserve Bank of Malawi Dismiss Chaponda Forex Licence - Court Summons Finance Minister

27 February 2018

Reserve Bank of Malawi (RBM) manager has told Chief Resident Magistrate Court sitting at the central bank that former Minister of Agriculture, Irrigation and Water Development George Chaponda is not among those given licence to keep thousands of dollars and millions of Kwachas found by Anti-Corruption Bureau (ACB) stashed inside suitcases hidden in the bedroom of his house during a search.

Chaponda being accused of corruption in the procurement of maize from Zambia.

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