Questions Over K17.79 Billion: CDEDI Wants ACB to Probe First Lady’s BEAM Foundation
By Staff Reporter
The Centre for Democracy and Economic Development Initiatives (CDEDI) has called on the Anti-Corruption Bureau (ACB) to investigate the Beautify Malawi (BEAM) Foundation, an organisation led by Malawi’s First Lady, Gertrude Mutharika, over the source of K17.79 billion reportedly raised during its launch.
Addressing the media, CDEDI Executive Director Sylvester Namiwa said the ACB should establish how the foundation obtained the funds and whether all donations complied with Malawi’s laws and financial regulations.
Namiwa also called on Mrs. Mutharika to publicly disclose the identities of the donors and the sources of the money contributed to the foundation, saying transparency is essential to maintain public confidence.PIJ investigation reveals identities of Namiwa attackers
He further urged the ACB to carry out a comprehensive financial audit of the BEAM Foundation covering the periods from 2014 to 2020 and from October 2025 to June 2026.
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According to Namiwa, some of the reported contributors to the foundation include NBS Bank, which allegedly donated K5 billion, South African businessman Zunald Moti with K4 billion, Zimbabwean businessman Wicknell Chivayo with K1.7 billion, Apostle Clifford Kawinga with K1 billion, and Prophet Shepherd Bushiri with K300 millionICC Probes Police Inaction in Namiwa Attack.
CDEDI says the proposed investigation would help determine whether the funds were lawfully obtained and properly managed, while promoting accountability and transparency in the operations of the foundation.
At the time of publication, neither the BEAM Foundation nor the Anti-Corruption Bureau had publicly responded to CDEDI’s calls for an investigation.
Editor’s Note: The allegations and requests outlined above were made by CDEDI. They remain unproven, and no findings of wrongdoing have been made against the BEAM Foundation or any of the individuals mentioned. The story will be updated if responses are received from the BEAM Foundation, the First Lady’s office, the ACB, or any of the named donors.Namiwa demands urgent government action on sugar and fuel woes
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