Fri. Apr 19th, 2024

THE TRUTH ABOUT THE MK378.4MILLION LOAN BY MR MKANDAWIRE AND MR BATATAWALA‼️

After reading the Acknowledgement of DEBT document, between Businessman, Mr Abdul Karim Batatawala and a Government employee, Mr Adamson Joseph Mkandawire, as a Change Agent With Eye Opener, I have established the following:

  1. The Transaction was a PRIVATE transaction between the two individuals. Just like people can lend money to each other, like the Katapila guys.
  2. The Transaction does not involve the State President, Dr Lazarus Chakwera in any way.
  3. Lending and borrowing money between adults with proper documentation does not Constitute to Corruption.
  4. The Document is clear, Mr Mkandawire borrowed money from Mr Batatawala at an interest, to use it to transport his goods from Kenya. In Chichewa we can call it Katapila.
  5. There was a loan agreement between the two which was duly signed by the lender and the borrower and with witnesses.
  6. Despite agreeing to repay within the agreed 9 Days, Mr Mkandawire is failing to repay the loan.
  7. The Lender, after noticing that the Borrower is failing to honour the agreement, dragged the Borrower to court for mediation. The matter is in court where if the borrower fails to repay, he might be declared bankrupt which may leave the State President with no option but to fire him from his position as Chief Advisor to the President.

MY CONCLUSION AS #CAWEOCAMERAS:

(i) Mr Adamson Mkandawire should deal with this issue on his own.

(ii) The two, should not bring the State President in it, because there is nowhere in the Loan Agreement, where the State President is mentioned as being involved.

(iii) To the Media, please learn to report with accurate information. Get hold of the signed document so that you can give Malawians facts and not assumptions.

THE STATE PRESIDENT IS NOT IN ANY WAY INVOLVED IN THIS MATTER.

Documented evidence is more accurate and powerful than a verbal evidence, so they say.

Related Posts
DPP Blues Rebels Brings Division In
DPP Blues Rebels Brings Division In

The way Charles Mchacha is castigating the Leader of Opposition in Parliament, Hon Kondwani Nankhumwa, is just testimony enough that Read more

Malawi Freedom Network advice President Banda to fight corruption

If you thought Malawians are lazy people, I bet you a Dinosaur, think twice and you will know, check in Read more

Malawi Government Faulted Over Arrests of Coup Suspects

The recent arrest in Malawi of three opposition politicians accused of planning to unseat President Peter Mutharika is dissent from Read more

Allegations of a coup plot sour diplomatic ties

The US embassy has denied involvement in an alleged plot to overthrow the president, Peter Mutharika. Analysis Media reports that Read more

Other stories

Leave a Reply

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

President Lazarus Chakwera has officially opened the Blantyre International Cancer Centre, The private health facility, has been constructed by the Thomson and Barbara Mpinganjira Foundation