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Ecobank Mzuzu Branch Manager, John Chizuza is this afternoon appearing before the First Grade Magistrate Court for failing to account for money amounting to MK129 million.
Chizuza will answer charges of Theft by Servant, and Fraud other than false pretence charges.
Mzuzu police publicist, Paul Tembo has confirmed the development in an interview with the press.
Chizuza was netted by police on Wednesday following the missing of K129million kwacha at Mzuzu Ecobank Branch which he is alleged to have misappropriated.
Faceofmalawi will keep you updated.
