Thursday, 30 March 2017
 
ADMARC purchased maize from a broker, which has cost the government billions of Kwacha ADMARC purchased maize from a broker, which has cost the government billions of Kwacha Image sourced at faceofmalawi.com

Maizegate’ Scandal Investigations To Begin Next Week

Written by  Jan 09, 2017

The Agriculture Committee of Parliament is set to start investigation on the maize scandal involving the Agricultural Development and Marketing Corporation (ADMARC) on the 17th of this month.

The Malawi government obtained a loan of MK26 Billion from the Eastern and Southern African Development Bank to purchase 100,000 metric tons of maize from the government of Zambia, through Zambia Cooperative Federation.

However it is alleged that the parastatal purchased the grain from a broker, which has cost the government a lot of money.

The maize is believed to have been bought at USD34.5 Million.

Had the maize been bought from a government agency in that country, Malawi could have spent only USD21.5 Million.

This development has attracted widespread criticism from the public in Zambia and Malawi, who are pressing their governments to ensure that the issue is unearthed.

Those that spoke to Capital FM on the streets of Blantyre expressed disappointment at how those in authority are spending their taxes.

According to the people the government has failed them as this is not the first time that it has been embroiled in corrupt practices.

Activists together with the people are currently calling for the Minister of agriculture George Chaponda and ADMARC Chief Executive Officer Foster Mlumbe to resign.

 

They are of the view this will pave way for quick and transparent investigations on the matter.

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