Malawi: Ex-President Peter Mutharika Quest To Unfreeze His Accounts Fails

Last updated on September 11th, 2021 at 08:03 am

Former President of Malawi, Peter Mutharika has eventually lost the bid to unfreeze his account which was initially frozen by the anti-corruption agency in the country due to Mutharika’s alleged involvement in corruption.

Malawi’s Anti-Corruption Bureau (ACB) last August froze the individual financial balances of Mutharika and his better half, Gertrude, in a test looking to reveal his part in a 5-billion kwacha ($6.6 million) concrete embarrassment.

In his appeal, the previous President additionally needed to court to arrange Standard bank to give him unlimited admittance to his assets.

The department contends that Mutharika’s assessment number was utilized to import concrete obligation free somewhere in the range of 2018 and 2019.

In July, his previous protector and the ex-top of Malawi’s duty body were regarding the examination.