Malawi: Defiant Nocma CEO Faces ACB Grilling Over K700million Payment to Scammers

Malawi: Defiant Nocma CEO Faces ACB Grilling Over K700million Payment to Scammers

The Anti-Corruption Bureau (ACB) has summoned National Oil Company of Malawi (NOCMA) Chief Executive Officer Emmanuel Matapa to explain the circumstances surrounding a staggering K700 million payment made to alleged scammers, in a dramatic escalation of the fraud scandal engulfing the state fuel importer.

NOCMA Senior Officials Arrested Over Alleged $403,615 Fraudulent Transfer

The Malawi Police Service has arrested two senior officials from the National Oil Company of Malawi (NOCMA) over an alleged […]

NOCMA U-turn backfires as police arrest two over K700m

This article was originally published on Malawi24">Malawi24, Malawi's #1 independent news platform. Police have arrested two NOCMA officials over the k700 million payment Read the full article and more Malawi news at NOCMA U-turn backfires as police arrest two over K700m">Malawi24 — Breaking news, politics, business, sport and entertainment from Malawi and Africa, updated 24/7.

NOCMA K700 Million Payment Dispute: NAPP Demands Answers

ShareBy Our Reporter The National Advocacy Platform (NAPP) has called on President Professor Peter Mutharika to demonstrate leadership over a disputed K700 million payment reportedly linked to fuel operations involving Mozambique. Read moreCorrupt Mafia Batatawala Case Commence On 25 April 2022NAPP executive director Benedicto Kondowe has urged the President to take a keen interest in… The post NOCMA K700 Million Fuel Payment Dispute Raises Ques…

Two NOCMA bosses arrested over K700 million fraud scandal — as Malawi police reveal exact account used to divert cash to Mozambique - Featured News Malawi

Two senior officials from the National Oil Company of Malawi (NOCMA) have been arrested over the alleged fraudulent transfer of $403,615.63 — roughly K700 mi... Read the latest breaking news on Nyasa Times.

Nocma scandal sparks outrage

The National Oil Company of Malawi (Nocma) is under growing pressure over the loss of $403,605 (K700 million) in an alleged fraudulent payment, with calls for officials involved to be suspended and the board dissolved. The National Advocacy Platform (Nap) and the Human Rights Defenders Coalition (HRDC) have also demanded an independent investigation and recovery of the money. Read more click:- https://times.mw/etimes/