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

From Face of Malawi Thu Nov 22 2012, 08:11:00

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:

Kenya:   State Doubles Relief Food Supply As Drought Bites (news)
The Nation
26 February 2017

The government has doubled relief food rations to reach 3 million people, up from an initial 1.3 million Kenyans, State House Spokesperson Manoah Esipisu has said. The State House spokesperson said ... [read more]

Nigeria:   Despite Ban, Imported Spaghetti Still Sold At Nigerian Malls (news)
Premium Times
26 February 2017

Despite the ban placed on importation of certain items by the Nigerian government, imported spaghetti still sell at shopping malls across Nigeria, PREMIUM TIMES can report. The federal government had ... [read more]

Nigeria:   Two Germans Archaeologists Kidnapped in Nigeria Freed (news)
Premium Times
26 February 2017

The two Germans kidnapped in Kaduna State have been released. A German archaeologist, Peter Breunig, and his colleague, Johannes Buringer, were released on Saturday night, police sources told PREMIUM ... [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!