Another financial mess at State-owned company: K4.8bn mismanaged at SMEDI, CEO says ‘I am innocent.”

Just few days after Malawians were shocked and in left in anguish over revelations that K6.5 billion has been mismanaged at Electricity Generation Company (EGENCO), the attention now goes to Small and Medium Enterprises Development Institute (Smedi) where a forensic audit query has uncovered an alleged financial mismanagement of over K4.8 billion and violation of […]

The post Another financial mess at State-owned company: K4.8bn mismanaged at SMEDI, CEO says ‘I am innocent.” appeared first on Malawi Nyasa Times – News from Malawi about Malawi.

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