Court Grants Bail To 4 Accountants Accused Of K159 Million Fraud
Published on June 27, 2022 at 1:46 PM by Edgar Naitha
The Lilongwe Senior Resident Magistrate Wanangwa Nyirenda has granted bail to four accountants from the department of the Accountant General.
The four; Kondwani Luka, Phyllis Kainja, Micius Chikapusa, Verekeni Mpinganjira were arrested in relation to the 159 million kwacha Capitol Hill Fraud scandal.
They have since been charged with three counts namely; Public officer receiving property to show favour, money laundering and official corruption.
Among the bail conditions, the four have been ordered to pay a K200,000 cash bond, present one surety each bonded at K10 million non cash and surrender their travel documents.
-mij-
