Audio By Carbonatix
Malawi's former President Peter Mutharika has threatened legal action against a local bank following the freezing of his accounts by the country's anti-corruption body in August, the Nation newspaper reports.
The newspaper cites a letter from Mr Mutharika's lawyer that said a three-month restriction notice on his account had since expired.
Malawi's Anti-Corruption Bureau (ACB) froze the bank accounts of Mr Mutharika and his wife over “strange withdrawals” during an investigation into alleged tax evasion in the importation of 800 000 bags of cement.
The alleged tax evasion offences were committed in 2018 and 2019 when Mr Mutharika was still in power.
He has denied any wrongdoing.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
They were not set up to help Africa – Seth Terkper on global finance
13 minutes -
IHRC calls for peace in Middle East as Muslims mark Eid
21 minutes -
Bretton Woods institutions were never built for Africa – Seth Terkper
25 minutes -
Jinijini–Sampa road to be completed by 2027 — Mahama
9 hours -
Afroman wins legal battle over songs mocking US police
9 hours -
MTN Ghana deepens role in national growth with record tax contributions and expanded investments
9 hours -
Kevin Spacey and accusers settle before civil trial
9 hours -
Premier League extends £30 cap on away tickets
9 hours -
Oyarifa Police arrest pastor over alleged sexual abuse of 9-year-old stepdaughter
9 hours -
Haaland invests in new global chess tour
9 hours -
Denounce ‘abject’ Afcon decision – senior CAF member
10 hours -
Ashanti Police arrest 12 suspects in robbery, link 3 to Kusasi Chief murder at Asawase
10 hours -
Uefa calls leagues to summit over ‘microscopic’ VAR
10 hours -
Ghana’s Ambassador to US meets White House Task Force over 2026 World Cup
10 hours -
Fifa rules women’s teams must have female coaches
10 hours
