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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 ....

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 , Mhango Company , Democratic Progressive Party , Electricity Generation Company Egenco , Generation Company , Forensic Audit , Alleged Irregularities Report , Auditor General , Public Audit Act , Public Procurement , Assets Authority , Inventory Movement Report , Kapichira Hydro Power Station , Novatech Engineering Supplies , Abdul Karim , Fair Trading Act ,

Batawalala implicated in EGENCO K6.7 billion rot

Malawi breaking news publishing 24 hours a day news about Malawi, Malawi Business, Malawi Tourism, Malawi Politics, Malawi News ....

Chizumulu Island , Malawi General , Abdul Karim Batatawala , Abdul Karim Batawala , Videlia Mluwira , Colleen Zamba , Mcdonald Mafuta Mwale , William Liabunya , Energy Ibrahim Matola , Electricity Generation Company Egenco , Inventory Movement , Mhango Company , Disposal Of Assets Authority , Electricity Generation Company , Forensic Audit , Alleged Irregularities Report , Auditor General , Public Audit Act , Fair Trading Act , Public Procurement , Assets Act , Corrupt Practices Act , Assets Authority , Inventory Movement Report , Kapichira Hydro Power Station , Novatech Engineering Supplies ,