Public incredulous that RBM failed to detect red flags that led to collapse of Alliance Capital Limited

Billions of kwachas have been lost which many government institutions, private Limited companies invested into financial service provider, Alliance Capital Limited, which the High Court Commercial Division has ordered that it should be liquidated as petitioned for by the Reserve Bank of Malawi (RBM) as the Registrar of Financial Institutions. According to the court records, […]

The post Public incredulous that RBM failed to detect red flags that led to collapse of Alliance Capital Limited appeared first on Malawi Nyasa Times – News from Malawi about Malawi.

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