Legal experts have sharply questioned the Reserve Bank of Malawi’s (RBM) directive ordering trustees of the Public Service Pension Trust Fund (PSPTF) to rescind the controversial purchase of Amaryllis Hotel, arguing that the regulator may be stepping beyond its legal authority. The Registrar of Financial Institutions, George Partridge, has given the trustees seven days to […]

The post Legal Experts Question RBM Order to Rescind Amaryllis Sale: “A Third Party Cannot Undo a Contract Between a Willing Seller and Buyer” appeared first on Malawi Nyasa Times – News from Malawi about Malawi.