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Judge Reserves Ruling on DPP Account Case

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The Supreme Court of Appeal sitting in Blantyre has reserved its ruling to Monday next week on an order obtained by Youth and Society (YAS) to freeze an account belonging to the Democratic Progressive Party (DPP).

The court will on the same day also hear an order by YAS for continuation of court proceedings on the matter.

Last week, the High Court dismissed the case arguing the organization lacked substantial grounds.

But lawyers for YAS, Ritz Attorneys at Law, obtained a leave of stay against the ruling.

YAS wants the court to investigate and determine how money amounting to K145 million was deposited into a DPP account by Zameer Karim of Pioneer Investments.

President Peter Mutharika is a sole signatory to the account but was cleared of any wrong doing by the Anti-Corruption Bureau (ACB).

The matter was heard in closed chambers on Tuesday before Judge Renzine Mzikamanda where YAS lawyers argued their case has potential to succeed in the upper court.

One of the lawyers Lozindaba Mbvundula later told journalists outside the court their case needs to be heard at the higher court.

“In relation to freezing the bank accounts, the argument is that if the bank accounts are not frozen, then the whole idea of going to the Supreme Court would be rendered nugatory…the money can be taken out of the account and therefore the remedies would not be attained,” Lozindaba said.  

However, some media reports indicate that Zameer Karim has already withdrawn the K145 million having been given the nod by the commercial side of the High Court in Lilongwe.

But Mbvundula says that would be tantamount to contempt of court.

“As it stands the account is still frozen because the order has not been lifted,” she said.

On Monday, lawyers for the DPP and Karim filed summons to dismiss the order of continuation of court proceedings.

There are no prospects of success since the matter was already dismissed at the High Court.

YAS lawyers present at the hearing were Bright Theu and Lozindaba Mbvundula while Chancy Gondwe, Burton Mhango and Alide represented the DPP and Karim.

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