Malawi’s Goodluck Jonathan, Katsonga, loses property to sherrifs after squandering money on campaign

He is alleged to have entered into a multi-million dollar with former powerful hit-maker Joseph Nkasa to dish out songs that will fuel his campaign to another level; and it seems he has lost all that money for Campaign.

Media reports indicate that Peoples’ Progressive Movement (PPM) President, Mark Katsonga, has lost some of his property after failing to settle his debt with National Bank.

According to the reports, Katsonga who has lately gone on the campaign trail with a wilson hat typical of the Nigerian president, Goodluck Jonathan, has lost his AGMA building and a farm in Neno after the bank and him failed to reach a proper compromise on the MK 300 million Kwacha loan.

It has further been established that the property has already been disposed off to auctioneers so that the bank gets back his money.

Meanwhile, Katsonga has not yet commented on the issue or he might even be busy with the campaign trail that he is unaware of the fact that his property has been seized.