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Banks want to exit Khato case | The Nation Online

National Bank of Malawi (NBM) plc and NBS Bank plc have asked the court to remove them as defendants in a case where the K105 billion financing for the Salima-Lilongwe Water Project has stirred controversy. Parliament approved the two local commercial banks to collectively extend the loan to Khato Civils, but Forum for National Development ....

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High Court Adjourns Hearing on FND's Injunction Against National Bank of Malawi and NBS Bank in Khato Civils' Water Project Loan Matter

High Court Adjourns Hearing on FND's Injunction Against National Bank of Malawi and NBS Bank in Khato Civils' Water Project Loan Matter
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Khato battles K105bn blockade | The Nation Online

Daggers remain drawn in the controversy over K105 billion loans that two commercial banks are set to extend to Khato Civils for the implementation of the Salima-Lilongwe Water Project. Yesterday, events happened in quick succession as Khato Civils moved the High Court of Malawi to stop a news conference Forum for National Development (FND) addressed ....

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