Bingu Suspect Wealth Infor Goes Missing

Bingu wa Mutharika: Starched billions off-shore? Bingu wa Mutharika: Starched billions off-shore? File picture

Seven years after the Anti-Corruption Bureau–ACB-indicated it was investigating claims that former President Bingu wa Mutharika had starched over 70 billion Kwacha in off-shore accounts, nothing has happened on the ground as information has gone missing at ACB.

ACB Director, Reyneck Matemba, says his office now plans writing Attorney General of Jersey in the Carribean under the United Kingdom to request that the details of the said accounts be resent for possible action going forward.

At the time, the ACB through the Director of Public Prosecution requested for the accounts details from Jersey in the UK for Malawi to institute investigations into the matter.

Todate, the investigations are nowhere near starting as the information which was supplied by Jersey cannot be traced.

But ACB Director General, Reyneck Matemba, now says his office may have to start all over, seven years on.

“The ACB will have to make a fresh request on the matter to the AG of Jersey, requesting for the same information which was allegedly provided to the ACB years back.

This is because none of us holding offices in the ACB now saw that communication, as the people that dealt with issue are no longer with ACB.

“We have however resolved to make a fresh request, and we cannot tell whether they will give us the information or not,” said Matemba.

The development has puzzled the Parliamentary Committee on Legal Affairs whose chairperson, Kezzie Msukwa, says they still expect the ACB to get the information and probe the issue given the interest the matter has sparked.

“The ACB does report to this committee, we have not taken any position on the same because we haven’t heard from the ACB, but the last time we interacted they told us they are having fresh investigations and we are equally waiting to hear from them,” said Msukwa.

However, political analyst, Sheriff Kaisi, casts doubt on possibility of Malawians seeing a logical end to the issue describing what is going on as a political gimmick to buy time and get people forget.

He outright thinks nothing will come out of this apparent effort.

“The statement that some information is missing, and that they have to launch an investigation to Jersey where the account is being held is a worrisome.

“I would call it a gimmick, and I would for tell that there is no hope and Malawians should not expect anything to come out after bringing in new information and institute an investigation,” said Kaisi

Bingu wa Mutharika was president of Malawi between 2004 and 2012 during which time he is thought to have amassed some wealth in suspect circumstances hence the public quest for investigations

Bingu died on 5 April 2012 literary while in office.

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Last modified on Thursday, 09/01/2020

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