By Samson Nkuna 03/6/15
Corrupt Malawi president Peter Mutharika has bowed down to EU, IMF and World Bank pressures not to sell the Malawi Savings Bank for selfish reasons to profit his friends and wipe off debts of Mulli Brothers. It has been revealed.
According to confidential documents exchanged between the International Monetary Fund, Britain, European Union and World Bank, Mutharika was quoted as, “we have a very cunning and corrupt leader who is trying to sell national assets for his own interests and those close to him.”
Following this revelation, a series of secret meetings have been taking place and the last meeting behind the scenes was an EU delegation giving Mutharika an ultimatum to stop the sell of the bank or face consequences. Mutharika has since announced the sale has been suspended.
In his speech Mutharika said,
“During this period, Government intends to review the process that was undertaken. The review will cover all the aspects of the transaction.”
“I am therefore inviting all those who have spoken on this matter including the Members of Parliament, civil society organizations and the experts to come up with reasonable proposals covering all the aspects of the transaction so that we can map the way forward,” said President Mutharika.