Malawi: Kapondamgaga Denies Role in Explosive Amaryllis Deal As PAC Probes Deepen Governance Scandal

Malawi: Kapondamgaga Denies Role in Explosive Amaryllis Deal As PAC Probes Deepen Governance Scandal

Former State House Chief of Staff Prince Kapondamgaga has mounted a firm denial over his role in the explosive Amaryllis Hotel deal--but his testimony has only deepened the intrigue surrounding one of the most controversial multi-billion-kwacha transactions in recent memory.

Kenani thanks Malawians for fighting Amaryllis Hotel sale

By Vincent Gunde Social commentator Stanley Onjezani Kenani, has thanked Malawians for coming out speaking on Amaryllis Hotel sale saying their fight was not in vain, there is hope. Writing on his face book page, Kenani said he is very happy to hearing what the Reserve Bank of Malawi (RBM) has done that it has given the Public Service Pension Trust Fund (PSPTF) to rescind its decision reached to buy Amaryllis Hotel in Blantyre. He said the Reser…

On public outrage over Amaryllis Hotel purchase

Although the Public Accounts Committee (PAC) of Parliament is still investigating the Public Service Pension Trust Fund’s (PSPTF) purchase of Amaryllis Hotel, public sentiment is already tightening the noose around the necks of PSPTF board members and their accomplices. The core issue is the alleged scandalous misappropriation of public pension funds, where K90 billion was paid upfront out of a controversial K128 billion total price, despite reg…

Kapondamgaga Denies Role in Explosive Amaryllis Deal as PAC Probes Deepen Governance Scandal - Malawi Nyasa Times - News from Malawi about Malawi

Former State House Chief of Staff Prince Kapondamgaga has mounted a firm denial over his role in the explosive Amaryllis Hotel deal—but his testimony has only deepened the intrigue surrounding one of the most controversial multi-billion-kwacha transactions in recent memory. Appearing before the Public Accounts Committee (PAC), Kapondamgaga distanced himself from the deal, insisting his […] The post Kapondamgaga Denies Role in Explosive Amaryllis…

Malondera slammed for bias in Kapondamgaga Amaryllis inquiry | Malawi 24 | Latest News from Malawi

The Public Accounts Committee (PAC) inquiry into the controversial Amaryllis Hotel deal took a dramatic turn on Thursday night, as chairperson Steven Baba Malondera was publicly slammed for bias and rushing proceedings when former State House Chief of Staff Prince Kapondamgaga appeared before the committee. Despite earlier praise for his firm and probing leadership, Malondera […] The post Malondera slammed for bias in Kapondamgaga Amaryllis inqu…

Kapondamgaga denies role in hotel deal

By Rebecca Chimjeka Matemba & Taonga Sabola: Former State House Chief of Staff, Prince Kapondamgaga, has denied any active role in the controversial Amaryllis Hotel deal, insisting his involvement was limited to attending a single meeting. His testimony before the Public Accounts Committee (Pac) comes as the multi-billion-kwacha transaction continues to raise questions over alleged governance gaps. Kapondamgaga told the committee Thursday evenin…