K128b Amaryllis Hotel Deal Reveals Unregistered Valuer Malawi 24 | Latest News From Malawi

K128b Amaryllis Hotel deal reveals unregistered valuer Malawi 24 | Latest News from Malawi

The controversial purchase of Amaryllis Hotel continues to raise more questions as it has emerged that EMJ Advisory Public Accountants, a firm that made value recommendations to the Public Service Pension Trust Fund (PSPTF) in the K128 billion deal, is not a registered property valuer. The development came to light when the company appeared before […] The post K128b Amaryllis Hotel deal reveals unregistered valuer appeared first on Malawi 24.

Firm That Pegged Amaryllis Hotel Value at K145bn Not Registered Valuer

EMJ Advisory Public Accountants has admitted that it is not a registered valuer despite recommending that Amaryllis Hotel be valued between K115 billion and K145 billion. The firm made the admission on Wednesday when it appeared before the Public Accounts Committee of Parliament, which is investigating the purchase of the hotel by the Public Service Pension Trust Fund at K128.7 billion. Committee chairperson Steven Baba Malondera questioned the …

Unregistered Firm Pegged Amaryllis Value at K145bn, PAC Told - Malawi Nyasa Times - News from Malawi about Malawi

A dramatic revelation has emerged in Parliament’s ongoing inquiry into the controversial K128.7 billion purchase of the Amaryllis Hotel by the Public Service Pension Trust Fund (PSPTF), after a key advisory firm admitted it is not a registered valuer, despite recommending that the hotel’s value be pegged between K115 billion and K145 billion. The disclosure […] The post Unregistered Firm Pegged Amaryllis Value at K145bn, PAC Told appeared first …