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Cables can confidently reveal that Financial Intelligence Authority and Malawi Police secretly arrested and later released Shabbir Raidhan, a major illegal forex trader and money launderer, who is said to operate alongside his wife, Amina Raidhan.
Shabbir Raidhan and Amin Raidhan owns a small florist business, La Fleur, in Area 6, which is being used as a front for money laundering.
The couple according to cables investigations conducts large-scale forex externalization and money laundering activities, with transactions amounting to about MK 5 billion per week in foreign currencies.
Some of their accounts linked to the suspected illegal trade scheme are 1010007387 and 1010007457 both held at National Bank .
They have another account with Standard Bank number 9100003769086 which is tied to their property valued at MK 1 billion according the records we have seen .
We have it on authority that Shabbir Raidhan was arrested weeks ago but that the arrest was not publicly disclosed, and that he was later released after pressure from senior government officials.
His wife fled to South Africa for about three weeks before returning after his release and she was not arrested upon her arrival as an accomplice.
In December 2025, the Financial Intelligence Authority arrested the couple after they had gathered evidence sufficient for prosecution and that the case was filed at the Financial Crimes Division under Case No. 12 of 2025 before Judge Kapindu.
However , the state has not moved forward with prosecution despite the alleged evidence. Making the case to die a natural death of justice .
While Malawians are struggling to access forex in the bank , authorities are leaving one of the major illegal forex trader free in the streets doing more damage to the already damaged economy .
The couple is said to have strong linked to the powerful trio of ZUNNETH Sattar ,Aniz Suleman and Faisal Abho. The men who capture leaders and governments of the day .
Only cables can reveal .
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