LILONGWE-(MaraviPost)-The embattled Salima Sugar Company is reportedly facing a severe financial and operational crisis, following concerns over the procurement of wrong mill spare parts valued at approximately MK3 billion during President Lazarus Chakwera’s Malawi Congress Party (MCP) regime.

According to information gathered, the company is struggling to maintain the mill in readiness for the upcoming production season.

This is despite the significant investment in spare parts, raising questions about the effectiveness of the procurement process.

Sources further indicate that utility providers, including ESCOM and the Water Board, have suspended services due to outstanding payments, worsening the company’s operational challenges.

Investigations also suggest that conditions at the factory have deteriorated, with reports pointing to poor hygiene standards that may pose risks to both workers and the surrounding environment.

Additionally, there are growing concerns over broader financial mismanagement, with claims that over MK20 billion in public funds allocated to the project may have been misused over time.

These allegations include suspected procurement irregularities and inflated contracts, which have drawn public scrutiny.

This comes as previously reports exposed on mismanagement yet none has been held accountable.

There are also questions surrounding the tenure of the former Chief Executive Officer of Salima Sugar Wester Kosamu with some stakeholders calling for a thorough investigation into decisions made under previous leadership and any potential links to financial losses.

MCP regime used Salima Sugar as a cash cow to steal billions of tax payers money .

These are tax payers money stolen and those involved must be accountable to Malawians .

President Peter Mutharika’s Democratic Progressive Party (DPP) government is yet to reinstitute Salima Sugar Company for productive state firm.