Tuesday, November 29Malawi's top news source
Shadow

Faizal Latif of Mapeto implicated in Mera MK300 million saga

Share news to your friends

By Alefa Mwate

A Blantyre based business man Faizal Latif trading as Mapeto has been summoned by the Anti- Corruption Bureau (ACB) for questioning over his role in the MK300 million cheque made to Mapeto David Whitehead and Sons (MDWS) as payment for immediate past ruling Democratic Progressive Party (DPP) cloth.

In May this year, former governing DPP pressurized the then Malawi Energy Regulatory Authority (MERA) Chief Executive Officer (CEO) Collins Magalasi to pay for a DPP cloth meant to be used during its Fresh Presidential Elections (FPE) campaign.

However, Mapeto did not deliver the cloth as agreed but instead Faizal Latif gave MK200 million cash to the party.

Magalasi transpired during a caution statement the embattled MERA boss had with both the ACB and the Police.

All eyes are now on the Malawi Police Service especially the Inspector General (IG) George Kainja on whether he is going to act on Faizal Latif after the ACB failed to take him to task on several occasions.

In August 2019 Mapeto “escaped unhurt” from a search warrant the tax collecting body sought from the Resident Magistrate Court in Blantyre over an MK 8 billion kwacha tax invasion scam.

The transaction according to the search warrant dated August 13 was done at NBS bank.

During the DPP regime Mapeto was dealing directly with former Chief Secretary Llyod Muhara who was remote controlling the then MRA Commissioner General Thom Malata.

Faizal Latif uses his firm known as Honkong Polychem Company in China as a conduit to evade tax and externalize foreign currency.

Mapeto under declares almost everything he imports from we have a Honkong Polychem number invoice HKPC 4700/2013 just as an example.

Due to the acute cotton lint scarcity in the Malawi, Lafit is stealing from Malawians through his abuse of Industrial rebate by importing grey cloth he uses at Mapeto DWS with fully knowledge of MRA Head of investigation Steve Kajombo.

Efforts to get Latif side of story proved futile as his mobile number was not available.

Malawians are waiting with a baited breath to see whether this time around ACB will gather enough courage to pounce of the untouchable that is Faizal Latif who owns Mapeto wholesalers, Mapeto Tyres and Mapeto David Whitehead and Sons

Related News
Land Gate Continues In Malawi Mustaq Chortia, Suleman Khadba To Face Arrests

Dust is failing to settle in the Ministry of Lands as concerned malawians are mobilizing to conduct demonstrations of mass Read more

It Never Rains But Pours Concerned Malawians Pens ACB On Mustaq Chortia, Suleman Khadba Landgate

Dust is failing to settle in the Ministry of Lands as concerned malawians have written ACB to act on the Read more

SULEMAN ISHMAIL KHADBA AND MUSTAQ CHOTIA BEHIND THE MISSING OF HARD DRIVES AT LANDS

Seven people were arrested last werk for stealing computer hard drives at Ministry of lands to conceal evidence of illegal Read more

H ADAM WHOLESALERS IMPLICATED IN ALLEGATIONS OF FRAUD AND FOREX EXTENALISATION!

This publication has received on it's desk a letter dated 17th March,2021 from the Human Rights Defenders Coalition(HRDC) addressed to Read more

High Court dismisses Mphwiyo’s application

Mphwiyo, left, and his Lawyer Shadreck Mhango captured out of the High Court The High Court in Lilongwe has dismissed Read more

Mapeto David Whitehead Faizal Latif, GM Martin Mpata Arrested

Police in Blantyre acting on behalf of Malawi Revenue Authority (MRA) have arrested Faizal Latif, Director and owner of Mapeto Read more

Four Mapeto David Whitehead and Sons to appear in court for bail

Four Mapeto David Whitehead and Sons to appear in court for bail

The Facts and Puzzle of some Business Crooks: Farook Gani tops list

It never rains but pours for Farook Gani who is now at the centre of food ration FCat the Malawi Read more

Chaudhry Intimidates ACB: Claims to be ex-Malawi President’s ‘donor’ and untouchable

Investigators at the Anti-Corruption Bureau (ACB) and police officers are said to be intimidated and threatened by businessperson, Karamat Ullah Read more

SF International goes to bed with MDF’s General Nundwe, Police Brass amid eye brows

Governance experts and human rights activists have raised eyebrows over how SF International owned by Shiraz Fereirra continue to win Read more

Leave a Reply

Your email address will not be published. Required fields are marked *