MSB bank demands K3.3bn from Mulli Brothers

From Face of Malawi Mon Dec 10 2012, 00:58:55

Malawi Savings Bank (MSB) has dragged Mulli Brothers Limited to court where they are demanding K3.3 billion for a MK3.2 billion overdraft that the company took that was later turned into a loan after the company failed to service it. But the company, through its lawyers Ralph and Arnold Associates, has since challenged the claims. [...]

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