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Malawi govt to fight K300bn Finance Bank payout as Mbeta calls it excessive

nyasatimes.com · economy

Malawi’s government is preparing a fresh legal challenge against a court-awarded K300 billion compensation package to the defunct Finance Bank Malawi (FBM), arguing that the sum is disproportionate to the circumstances of the case and places a substantial burden on the public purse. Attorney General Frank Mbeta said he intends to seek a review of […] The post Malawi govt to fight K300bn Finance Bank payout as Mbeta calls it excessive appeared first on Malawi News | Breaking News, Politics, Business & Sports | Nyasa Times .

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