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Former Malawi central bank governor Dalitso Kabambe granted bail

Dalitsi Kabambe

By Thandie Chadzandiyani

LILONGWE-(MaraviPost)-The Lilongwe Magistrates Court on Wednesday afternoon, June 30, 2021 granted bail to former Reserve Bank of Malawi Governor Dalitso Kabambe and co-accused persons who are facing abuse of office charges.

Kabambe, Henry Mathanga second accused person, Rodrick Wiyo third accused person and another fourth accused person have been asked to pay MK5 million bail bond plus produce two surities.

Kabambe was on Tuesday, June 29, 2021 charged with four counts bordering on money laundering, abuse of office, negligence, and causing loss of public funds.

Kabambe who is also opposition Democratic Progressive Party (DPP) Presidential hopeful was arrested on Monday after being on run on Sunday after the police issued a warrant of arrest on him.

The former Reserve Bank of Malawi (RBM) boss is together with his three co-accused persons Henry Mathanga, Rodrick Wiyo and the other on Tuesday appeared before the Senior Resident Magistrate Patrick Chirwa in the capital Lilongwe.

According to the court documents, the four have been charged in relation to the approval of payments to several companies including Mulli Brothers Limited.

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