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KABAMBE OFFICE ABUSE CASE TO COMMENCE AUGUST 15

The Lilongwe Chief Resident Magistrate Court has set August 15 as the date to commence the abuse of office case involving former Reserve Bank Governor Dalitso Kabambe and three others.

Director of Public Prosecutions (DPP) Steve Kayuni, told MBC that the cases will resume after the State conclude its investigations and make disclosures as required.

The development comes after the State asked the court to grant it about 60 days to conclude investigations, which Kayuni said all is set.

Among other charges, Kabambe, former RBM Deputy Governor for Operations, Henry Mathanga, former Director of Financial Markets Operations, Rodrick Wiyo and RBM Senior Finance and Market Operations Dealer, Leah Donga, are accused of abusing their authority by paying K4.3 billion without the approval of the Central Bank’s board to FDH Bank PLC. -MBC Online Services.

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