Transglobe defrauded RBM of K6 billion – Report

Export Development Bank (EDF), a subsidiary of the Reserve Bank of Malawi (RBM), gave private-owned Transglobe Produce Export K6 billion which it is feared may never be paid back. This has been revealed by an audit report conducted by accountants Fletcher and Evance. EDF is a Reserve Bank of Malawi subsidiary established in 2012 as […]

The post Transglobe defrauded RBM of K6 billion – Report appeared first on Malawi 24.

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