Cash Madam, Magalasi and Maulidi granted bail

Lilongwe Chief Resident Magistrate Violet Chipawo has granted bail to former Malawi Energy Regulatory Authority (MERA) Chief Executive Officer Collins Magalasi and his business partner Dorothy Shonga and one other suspect have been granted bail.

On Monday, the court denied the three bail on grounds that they will interfere with witnesses if released on bail.

Magalasi, his business associate Dorothy Shonga and Mera Public Relations Officer Patrick Maulidi are answering three counts of fraud, money laundering and entering into a contract with an employee through a K107 million procurement deal.

More details to follow..