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Court throws out K3.7 billion claim against Salima Sugar

Summary by Times Malawi

By Wezzie Gausi: The High Court has dismissed a K3.7 billion lawsuit filed by Mother Dairy and Energy (MDE) Farms Limited against Salima Sugar Company Limited, ruling that the case was duplicative of an existing commercial dispute. The claim, filed under Commercial Cause Number 80 of 2024, alleged that MDE Farms deposited K3.7 billion into Aum Sugar and Allied Limited’s account as an equity contribution for 300 million shares. However, MDE Farms…

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Court throws out K3.7 billion claim against Salima Sugar

By Wezzie Gausi: The High Court has dismissed a K3.7 billion lawsuit filed by Mother Dairy and Energy (MDE) Farms Limited against Salima Sugar Company Limited, ruling that the case was duplicative of an existing commercial dispute. The claim, filed under Commercial Cause Number 80 of 2024, alleged that MDE Farms deposited K3.7 billion into Aum Sugar and Allied Limited’s account as an equity contribution for 300 million shares. However, MDE Farms…

28 days ago·Malawi

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Times Malawi broke the news in Malawi 28 days ago on Friday, February 14, 2025.

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