Malawi Freedom Network

Fiscal Police Pounce On Shiraz Karim Of Kukoma Oil Company

Malawi Fiscal Police pouches on Kukoma Oil Company owner Shiraz Karim for money laundering

Reports reaching us show Malawi Fiscal Police on Monday, July 11, 2022 invaded Kukoma Oil Company owner Shiraz Karim home in Blantyre for money laundering worth US$4 million.

According to sources privy on the matter say Karim said to have been keeping such huge some of money meant to be externalise out of the country.

Kukoma oil owner’s fiscal fraud comes amid the country’s forex shortage.

The country’s graft body Anti-Corruption Bureau (ACB) has been alerted on the matter as Karim is reportedly also corrupted government officials on other government business contracts.

Shiraz however refused to comment on the matter when contacted

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