Finance Bank re-opening in Malawi hangs in balance due to past money laundering record

From Face of Malawi Thu Nov 22 2012, 03:11:00

In May this year, Finance Bank Zambia owner Rajan Mahtani announced that he will re-open his branches in Malawi which were closed due to money laundering activities and other criminal activities. Mahtani also announced that he met then newly president of the country Joyce Banda to discuss the opening of his bank. Normal and clean [...]

[view whole blog post ]
 See More    |     Report Abuse


You might also be interested in the following news stories:

Lesotho:   Election Results Expected Soon in Lesotho (news)
allAfrica.com
1 March 2015

Lesotho's early elections went smoothly on Saturday and it is hoped results will be declared on Sunday, news agencies report. [read more]

Mali:   Parties Sign Preliminary Peace Deal (news)
Deutsche Welle
1 March 2015

Mali has signed a preliminary peace deal to end fighting with northern rebel fighters. But the main Tuareg-led armed coalition, which has demanded autonomy, wants more time for consultations. [read more]

Zimbabwe:   Mugabe Vows to Expel More White Farmers (news)
New Zimbabwe
28 February 2015

WHITE farmers still occupying pieces of land in the country must brace for more farm seizures after President Robert Mugabe revealed Saturday his government was investigating how many of them survived ... [read more]



blogAfrica is allAfrica.com's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!