Former Vice President Khumbo Hastings Kachali has alleged that the Democratic Progressive Party (DPP) administration authorized Reserve Bank of Malawi (RBM) to borrow over US$350 million from Afrexim Bank, which was diverted to FDH Bank for sharing among party functionaries. And due to that borrowing, Malawi now owes Afrexim Bank US$800 million, Kachali says. However, […]

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