First conviction in Malawi's 'Cashgate' scandal

2014-08-30 07:45
Malawian President Joyce Banda.

Malawian President Joyce Banda.

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Blantyre - A Malawi court has made the first conviction of a senior official in the so-called "Cashgate" scandal that led to the suspension of foreign aid and helped push a government from power.

Top tourism ministry official Treza Namathanga Senzani pleaded guilty to stealing around $150 000 from state coffers, part of a broader swindle worth at least $30m.

She was convicted by on Thursday and will be sentenced on 15 September.

Senzani was arrested last year after a probe found she issued two government cheques to her own company even though it did not provide any services.

She was one of dozens of civil servants charged with money laundering and theft.

A report by British auditors commissioned by former president Joyce Banda showed that at least $30m had been stolen from the government over a six-month period last year.

The scandal had prompted foreign donors - who provide around 40% of Malawi's budget - to pull the plug on aid of around $150m.

The Cashgate scheme is the biggest financial scandal in Malawi's history, and was an albatross around Banda's neck during elections in May which she lost.

Banda has been linked to Cashgate by political opponents, but has strenuously denied any involvement.

Read more on:    joyce banda  |  malawi  |  southern africa

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.