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:

Zambia:   Citizens Firmly Defend Democracy. Will They Stand Up Against Lungu? (analysis)
The Conversation
23 July 2017

After a year of authoritarian backsliding under President Edgar Lungu in their once-proud democracy, Zambians face a choice of futures. Ordinary citizens are clearly disposed to stand by their ... [read more]

Nigeria:   Bill Dispute Has Hospital Holding Corpse for Eight Months (news)
Vanguard
23 July 2017

Anambra State Police Command and the Nigeria Medical Association, NMA, are trying to unravel the circumstances surrounding the refusal of the director of an in Ozubulu to release the body of a ... [read more]

Nigeria:   Local and Italian Authorities Team Up Against Human Trafficking (news)
Premium Times
23 July 2017

The National Agency for the Prohibition of Trafficking in Persons, NAPTIP, and the security authorities in Italy have agreed to collaborate more effectively to curb trafficking of human beings from ... [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!