Malawi: Red Flags Everywhere, but No Corruption? ACB Defends Clearance of K128.7bn Amaryllis Hotel Deal

Malawi: Red Flags Everywhere, but No Corruption? ACB Defends Clearance of K128.7bn Amaryllis Hotel Deal

The Anti-Corruption Bureau has defended its decision to clear the controversial K128.7 billion purchase of the Amaryllis Hotel, telling lawmakers that while the deal raised serious investment and governance concerns, investigators did not find evidence that it amounted to corruption under the law.

Pac grills ACB over Pension Fund hotel deal

By Pemphero Malimba & Mercy Matonga: For at least four hours yesterday afternoon, the Public Accounts Committee (Pac) of Parliament questioned the Anti-Corruption Bureau (ACB) over its role in …

No evidence of crime in Amaryllis Hotel deal, ACB says Malawi 24 | Latest News from Malawi

The Anti-Corruption Bureau (ACB) told Parliament on Thursday it has found no evidence of criminal wrongdoing in the K128 billion purchase of the Amaryllis Hotel by the Public Service Pension Trust Fund (PSPTF). Acting Director General Gabriel Chembezi appeared before the Public Accounts Committee (PAC) to outline the bureau’s ongoing probe. Chembezi said the bureau remains […] The post No evidence of crime in Amaryllis Hotel deal, ACB says appea…

Red Flags Everywhere, But No Corruption? ACB Defends Clearance of K128.7bn Amaryllis Hotel Deal - Malawi Nyasa Times - News from Malawi about Malawi

The Anti-Corruption Bureau has defended its decision to clear the controversial K128.7 billion purchase of the Amaryllis Hotel, telling lawmakers that while the deal raised serious investment and governance concerns, investigators did not find evidence that it amounted to corruption under the law. Appearing before the Public Accounts Committee in Lilongwe, acting director general Gabriel […] The post Red Flags Everywhere, But No Corruption? ACB …