Malawi Freedom Network By Our Reporter
Police have arrested National Oil Company of Malawi (NOCMA) Deputy Chief Executive Officer Micklas Reuben and Senior Operations Manager Thokozani Sesani over an alleged fraudulent transfer of US$403,615 (about K700 million) linked to fuel operations in Mozambique.
Deputy National Police Spokesperson Alfred Chimthere confirmed the arrests in a statement released on Wednesday night.
According to the police, the money was allegedly transferred to an account belonging to Moniray Mozhandlings Lda to facilitate the loading and clearing of fuel at the ports of Beira and Nacala in Mozambique.
Police said Reuben and Sesani are likely to face charges including negligence by a public officer in preserving money and misuse of public office, among other related offences.
The alleged transaction has raised concerns over the handling of public funds and the management of fuel importation operations involving NOCMA.
The two suspects are expected to appear before court soon as police continue investigations into the circumstances surrounding the transfer.
Police have not indicated whether additional arrests will be made as investigations progress.
The development comes as authorities continue scrutiny of financial transactions involving public institutions and state resources.
More details are expected to emerge when the suspects appear in court.
Read also: Police in Thyolo arrest 40-year-old Kasewa for allegedly possessing drugs
Read also: A National Appeal for Fair Government Purchase of Maize from Local Farmers- Jumbe
Read also: Chizuma Dating Crocodiles
