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Romania's Libra Internet Bank to issue 40 mln euro bond

Chanco admin block construction contract raises eye brows as stakeholders wants decision reversed

April 30, 2021 Alfred Chauwa - Nyasa Times 3 Comments “We will not allow dodgy people to be stealing from the people of Malawi disguising as contractors.” Controversy is hovering over Chancellor College (Chanco) after the higher learning institution’s Internal Procurement Committee awarded construction works of its administration block to a suspicious highest bidder. Nyasa Times has established that the contract to build an administration block at University of Malawi’s constituent college, Chanco, has been bizarrely awarded to Plem Company, a company embroidered in the K6.2 billion Covid funds over an established and contractor, Manobec, who were also the lowest bidder.

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