Reserve Bank of Malawi To Release a Statement on FDH Boss Thom Mpinganjira’s Involvement in Corruption

The Reserve Bank of Malawi (RBM) is set to release a statement on its stand on the alleged involvement of FDH boss Thomson Mpinganjira in corruption.

Mpinganjira’s arrest has raised questions on what the regulations on financial institutions say on senior managers being investigated for offenses or crime.

Speaking to Capital FM RBM Spokesperson Mbane Ngwira refused to comment on the matter stating that the central bank will make its position known in a statement.

The Anti-Corruption Bureau (ACB) yesterday arrested Chief Executive Officer of FDH, Mpinganjira in connection with allegations that some people wanted to bribe the five judges hearing the high-profile presidential election case.