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State moves to wind up K23bn Bankgate case

Summary by The Nation
The Directorate of Public Prosections (DPP) has stated its intention to conclude prosecuting the K23 billion bank fraud case by parading at least five more witnesses. The case, widely known as Bankgate, started in 2017 and involves Cotton Ginners Africa Limited (CGAL) which is accused of fraudulently obtaining loans from local commercial banks. Private practice lawyer Pempho Likongwe, who is prosecuting the case on behalf of the DPP, told the Hi…
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The Nation broke the news in Blantyre, Malawi on Friday, April 18, 2025.
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