Audio By Carbonatix
Police in Malawi has arrested former Finance Minister Joseph Mwanamveka and former Central Bank head Dalitso Kabambe on charges of abuse of office and fraudulent accounting.
A police spokesman said the two, while serving in their respective positions, allegedly procured and masterminded the falsification of financial records with intent to help Malawi secure a loan from the International Monetary Fund.
The two deny wrongdoing, calling the arrest a political witch-hunt.
In recent days, both men have expressed an interest in running for the presidency in the main opposition Democratic Progressive Party, with a view to challenging President Lazarus Chakwera, whose term of office ends in 2025.
Police have also arrested another former cabinet minister, Ben Phiri, for alleged fraud in an unrelated case.
Mr Phiri, who was a local government minister under former President Peter Mutharika, also denies any wrongdoing.
Latest Stories
-
Chamber of Aquaculture Ghana calls for strong public-private partnerships to unlock finance and transform the sector
36 minutes -
Lions celebrate International Volunteer Day with over decades of service and impact
41 minutes -
3 dead, dozens injured in Mampong Abuontem head-on collision
50 minutes -
MoFFA shuts down several Eastern Region mortuaries over poor sanitation, non-compliance
51 minutes -
Domestic violence case: John Odartey Lamptey remanded over alleged brutal assault on wife
1 hour -
Minority urges government to tackle smuggling and protect local farmers
1 hour -
Ashanti regional minister drags Democracy Hub member to court over alleged galamsey remarks
1 hour -
Mineral royalties surge across all sub-sectors in 2025; record strong gains in gold, manganese
1 hour -
Police arrest five suspects behind robberies in Sefwi Bekwai
1 hour -
Ghana’s economy to expand marginally to 5.9% in 2026 – Fitch Solutions
1 hour -
Newage Agric Solutions donates rice, soybean oil and cash to MoFA for farmers’ day
1 hour -
Analysis: After allocating over ₵1bn, parliament now turns on the OSP
2 hours -
OSP’s failure to stop Ofori-Atta is an irrecoverable mistake – Kpebu
2 hours -
UPSA confers posthumous honorary doctorate on former first lady Nana Konadu Agyeman-Rawlings
2 hours -
Martin Kpebu says he has not been formally charged by OSP
2 hours