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The claim follows a February 3 ruling by the Malawi Supreme Court of Appeal that the Reserve Bank of Malawi (above) acted unlawfully when it revoked the Finance Bank of Malawi’s licence in May 2005.
AFRICA

Malawi central bank removes pension trustees over disputed hotel deal

The unusually forceful intervention highlights concerns about governance in the management of public retirement savings

  • Collins Mtika
4 min read