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Wednesday, August 2, 2017

MALAWI ISSUES ARREST WARRANT FOR FORMER PRESIDENT BANDA

Malawi Police on Monday issued an arrest warrant for the country’s former President, Joyce Banda, Banda is accused of connection with the country’s “Cashgate” corruption scandal, which involved large-scale looting of government coffers.

“Malawi fiscal and fraud police have unearthed credible evidence which raises reasonable suspicion that the former president committed offences relating to abuse of office and money laundering,” National Police Spokesman, James Kadadzera, revealed.
He added that Banda is “suspected of abusing her office” in the Cashgate scandal saying the warrant of arrest came into “force” from Monday.
Banda has been living in self-imposed exile since she lost to President Peter Mutharika in the 2014 election
Cashgate, the biggest financial scandal in Malawi’s history and helped push Banda out of power in 2014 as it was discovered that $30 million had been looted by officials in less than six months in 2013.

So far, dozens of civil servants, business people and politicians have since been implicated in the scam, and some have been jailed.

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