Thursday, February 2, 2023
HomeEnvironmentOxfam calls for probe in the Malawi oil deals

Oxfam calls for probe in the Malawi oil deals

Oxfam which is one of the organizations dealing with mine issues has on Monday called for an investigation into whether there was corruption in the issuing of petroleum licences or production sharing agreements (PSAs) between government and companies.

The organization said this through its report which it presented in Lilongwe.

According to the report, both, Joyce Banda and Peter Mutharika’s administration have some short falls especially on how they dealt with the oil issues.

“The president Joyce Banda’s administration rushed to sign deals with prospective oil exploration companies just eight days before the 2014 Tripartite Elections despite advice against the same.

On the other hand, the Peter Mutharika administration has continued to push the deals in secret without guiding policy and an enabling Act,” reads part of the report.

The Oxfam further calls for public disclosure of any payments made by companies holding petroleum licences or PSAs, including corporate social responsibility, to any organisation.

“We also calls on government to disclose the owners—“the natural persons who directly or indirectly ultimately own or control the corporate entity”— of mining and petroleum rights in Malawi as will be required by the Extractive Industries Transparency Initiative (EITI) and the disclosure of the PSA signed with RAK Gas (Blocks 4 and 5) and with Pacific Oil (Block 6),” added the report.

The report which titled ‘Malawi’s Troubled Oil Sector, Licences, Contracts and their Implications’ details the time frame of how the contracts were signed, including some just a few days before Malawians voted for a new President in 2014.Speaking during the presentation of the report, Oxfam country director John Makina said his organization believe that a lot of mistakes occurred during the whole process.

Canada-based consultant and president of Resources for Development, Don Hubert, described this as unsual.

In his remarks, Charles Kaphwiyo who is the former director of mining in the Ministry of Natural Resources, revealed that some responsible senior government officials not consulted signing of the agreements.

However, Calsius Chibambo who is the coordinator of Petroleum Desk in the Ministry of Natural Resources said government is aware about the development.

The Maravi Post has over one billion views since its inception in December of 2009. Viewed in over 100 countries Follow US: Twitter @maravipost Facebook Page : maravipost Instagram: maravipost    

Most Popular

Recent Comments

The History of online Casinos – Agora Poker – hao029 on The History of online Casinos
Five factors that will determine #NigeriaDecides2023 - NEWSCABAL on Leadership Is Difficult Because Governance Is Very Stubborn, By Owei Lakemfa
Asal Usul Texas Holdem Poker – Agora Poker – hao029 on The Origins of Texas Holdem Poker
Malawi has asked Mike Tyson to be its cannabis ambassador - Techio on Malawi lawmaker Chomanika against Mike Tyson’s appointment as Cannabis Brand Ambassador over sex offence
Finley Mbella on Brand Chakwera leaks Part 1
Maria Eduarda Bernardo on The 2021 Guide to Trading Forex Online
Atsogo Kemso, Political Foot Soldier on Why MCP and UTM Alliance Will Fail
Em. Prof. Willem Van Cotthem - Ghent University, Belgium on Malawi army, National bank cover Chilumba barrack with trees
Christopher Murdock on Why dating older woman is dangerous?
Samantha The Hammer on Why dating older woman is dangerous?
Muhindo Isevahani on The Cold War Against TB Joshua
JCON/SCOAN/BKN(888/8885/8808) on The Cold War Against TB Joshua
Keen Observer on Jesse Kabwila, Then and Now
Francesco Sinibaldi on Advertising in 2020 and beyond
VICTORIA NAMENE FILLIPUS on Is TB Joshua not another religious fraudster?