Court orders RBM to pay Finance Bank K300bn
Malawi Supreme Court of Appeal has ordered Reserve Bank of Malawi (RBM) to pay Finance Bank Malawi (FBM) K300 billion, a reduction from the K1.1 trillion the defunct bank demanded. According to a ruling by Supreme Court assistant registrar Ibrahim Hussein, K157.471 billion is for loss of business and profit, K138.124 billion for malfeasance in … The post Court orders RBM to pay Finance Bank K300bn appeared first on Nation Online .