BLANTYRE-(MaraviPost)-The country graft bursting body Anti Corruption Bureau (ACB) on Thursday, April 15, 2021 re-arrested Asian businessman Zameer Karim of Pioneer Investments after the High Court revoked his bail.
ACB confirmed the re-arrest of Karim saying he was being kept at Blantyre Police Station waiting to be remanded to prison until the next date of trial.
The business tycoon was charged with intent to defraud Ecobank Malawi MK850 million by allegedly obtaining fraudulently a loan purportedly guaranteed by the Malawi Police Service.