LILONGWE-(MaraviPost) –  The Lilongwe Magistrates Court has on Wednesday put a Malawian businessman of Indian origin, Iqbar Sodagar Moinuddian Mohmad on custodial charge for attempting to externalize foreign currency.

The court has however set January 11, 2017 as the day the suspect will be formally charged with three counts, namely; illegal possession of foreign currency, attempting to externalize forex and money laundering.

This means that Mohmad will remain in police custody till next week when the state is expected to charge him. Continue reading Asian businessman on custodial charge for attempting to externalize forex →