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public service pension trust fundlatest news & developments
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
Gabriel Chembezi, the acting director-general of the ACB in Malawi. (Gabriel Chembezi/Facebook)
AFRICA

Malawi anti-corruption chief accused of using case files to pressure MPs

Malawi’s anti-corruption chief is accused of using confidential case files to pressure a parliamentary probe into a controversial pension fund deal.

  • Collins Mtika
7 min read