By Chisomo Phiri
BLANTYRE-(MaraviPost)-The Lilongwe High Court has ruled that former Finance Minister Joseph Mwanamveka should not face charges related to the $350 million loan obtained by the Reserve Bank of Malawi(RBM )from Afrexim Bank.
In court,Judge Redson Kapindu agreed with the defence that the state has failed to produce evidence linking the accused to the offence.
On his part,Mwanamveka’s lawyer, Kalekeni Kaphale, described the ruling as a milestone in the legal circles.
He hinted that he will make a similar application for one of the accused, Cliff Chiunda, adding that being someone (Chiunda) who was domiciled in his office had nothing to do with the case.
Mwanamveka and three others: Chunda,former Secretary to the Treasury; Henry Mathanga, former RBM Governor; Dalitso Kabambe, were arrested in 2022 but, he was discharged from the case in 2024 on grounds that there was no evidence, only to be brought back to the case when the state brought in new prosecutors in the case.
Meanwhile,the case will proceed against Chiunda,Mathanga, and Kabambe, with the next hearing set for June 4 to 5,2025.
