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Taxpayers bear K300bn burden as Finance Bank beats Reserve Bank in court

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The Supreme Court of Appeal has ordered the Reserve Bank of Malawi (RBM) to pay Finance Bank of Malawi (FBM) K300 billion, a sum that has sparked anger over who will foot the bill for a 2005 decision. The ruling, issued by Supreme Court Registrar Ibrahim Hussein, breaks the payout down into K157.471 billion for […] The post Taxpayers bear K300bn burden as Finance Bank beats Reserve Bank in court appeared first on Malawi News | Breaking News, Politics, Business & Sports | Nyasa Times .

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