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Malawi’s business lady aka Cash Madam, Magalasi plead not guilty to fraud charges

LILONGWE-(MaraviPost)-Malawi infamous business lady Dorothy Shonga, also known as Cash Madam, and former Malawi Energy Regulatory Authority (MERA) chief executive officer Collins Magalasi were on Monday, March 1, 2021 pleaded not guilty to charges leveled against them.

Magalasi, MERA public relations officer Patrick Maulidi, procurement officer Bright Mbewe and Shonga were charged with fraud, money laundering and entering into procurement with an employee.

The four appeared before the Lilongwe Chief Resident Magistrate’s Court today where they pleaded not guilty to the charges.

Director of Public Prosecutions, Steve Kayuni, has said since said that the state will parade nine witnesses on the matter. The case is expected back in court on April 27 this year.

The four are accused of forcing the MERA Internal Procurement and Disposal Committee to award a contract worth MK107 million to Vink Enterprise which is owned by Shonga, who is also alleged to be Magalasi’s business partner.

Shonga owns a branding company.

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