Salima Sugar Company Top Manager Arrested
The top manager for Salima Sugar Company has been arrested on suspicion he was laundering money.
Police spokesperson Peter Kalaya says Sherieesh Bitgiri aged 67 has been externalizing forex through a bank account he opened in Dubai also named Salima Sugar Company.
Bitgiri is thought to have used assets and property of the company in Malawi to obtain a 300 million US Dollar loan in Dubai.
Published in: News In Brief
Read 1284 times
Last modified on Thursday, 22/06/2023
Login to post comments