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Auditors uncover K6.7BN Egenco'rot'

Electricity Generation Company (Egenco) of Malawi is sitting on a K6.7 billion procurement mess for transactions undertaken between January 2017 and March 2022, a forensic audit and investigation has uncovered. The alleged misprocurement is said to be connected to unissued items in stock, unauthorised requisitions and rampant single sourcing of materials and services instead of

Malawi
Chizumulu-island
Malawi-general
William-liabunya
Colleen-zamba
Mcdonald-mafuta-mwale
Videlia-mluwira
Abdul-karim-batatawala
Electricity-supply-corporation-of-malawi-escom
Inventory-movement
Disposal-of-assets-authority
Energy-ibrahim-matola

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