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Reserve Bank seeks court intervention to manoeuvre contract award


The Reserve Bank of Malawi (RBM) has, under panic and intense pressure, appealed to the High Court on a case in which it awarded two contracts to a firm that never met its own set evaluation criteria.
The bank is desperately asking court to review the decision made by the Public Procurement and Disposal of Assets Authority (PPDA) in which the Central Bank was ordered to retender the award of Flexcube and ATS systems which it awarded to Mitra Systems Limited.
But what is clear is that Mitra Systems Limited does not have the required skills and experience as per the evaluation criteria for the two tenders. ....

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