By Suleman Chitera
The controversial sale of Amaryllis hotel has taken a dramatic turn after the Financial Intelligence Authority (FIA) moved in to freeze part of the funds linked to the transaction, intensifying scrutiny over one of the country’s most questionable deals.
Appearing before the Public Accounts Committee (PAC) of Parliament on Wednesday, Registrar of Financial Institutions and Reserve Bank of Malawi (RBM) Governor George Partridge confirmed the development, signaling that authorities are now treating the matter with the seriousness it demands.
Partridge did not mince words. He tore into the Public Service Pension Trust Fund (PSPTF), accusing it of acting with “disobedience and arrogance” by pushing ahead with the deal despite mounting concerns and oversight warnings.
The RBM boss’s remarks have exposed deep cracks in governance and accountability, raising serious questions about how a public institution entrusted with safeguarding workers’ pensions could proceed with such a high-risk transaction under a cloud of suspicion.
The freezing of the funds by the FIA suggests possible financial irregularities and points to a widening investigation that could implicate key players behind the deal. It also puts pressure on authorities to go beyond rhetoric and ensure accountability is not selective.
As Malawians watch closely, the Amaryllis saga is fast becoming a litmus test for the country’s commitment to transparency, financial discipline, and the fight against abuse of public resources.
With the PAC digging in and investigators circling, one thing is clear: this is no longer just a hotel sale—it is a full-blown accountability battle.
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