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March 14, 2021 Owen Khamula- Nyasa Times 2 Comments
Malawi Police in Lilongwe have arrested two conmen guised as pastors who duped people by claiming they were officials from government-owned microfinance firm National Economic Empowerment Fund ( Neef).
Suspected behind bars
They have been charged with obtaining money through false pretences.
Police said the two suspects went around Mgona in Lilongwe in December 2020, instructing the community members to create clubs of 20 members each so that they could be given loans from NEEF formerly called MERDEF.
They demanded registration fee of K4,000 cash from each member and 33 clubs were formed. They collected money amounting to k2.7 million in the process.