Cables can reveal that approximately MK48 billion in taxpayers’ money is alleged to have been siphoned between May and October 2025 through Kwacha Access Finance Limited.
The money moved through NBS Bank to Centenary Bank.
Who Is Allegedly Involved?
According to cables, those implicated in the alleged plunder include:
•Simplex Chithyola, former Minister of Finance and current opposition leader.
•Matias Bonongwe, well known as a financier associated with the Malawi Congress Party (MCP), who is reportedly now aligned with a senior Cabinet official in the Democratic Progressive Party (DPP) government.
Is the President Aware?
Cables indicate that the President, Peter Mutharika, was allegedly not informed of the matter.
Why Was There No Report to the President?
Cables has been informed that the Director General of the National Intelligence Service, Brigadier General Blaise George Sayenda, allegedly blocked the submission of a detailed intelligence report concerning the alleged looting to the President and relevant oversight agencies.
Cables further claim that Sayenda personally benefited from the alleged misappropriation of these funds by MCP officials.
Cables maintains that it possesses detailed documentation relating to the matter.
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