Legal News
Malawi PAC Urges Legal Action, Recoveries in Amaryllis Hotel Probe
Malawi·Wire Summary⏱️ 1 min read
Public Accounts Committee (PAC) of Parliament has recommended further investigations, legal action, recovery of losses and individual accountability in the controversial K128.7 billion Public Service Pension Trust Fund acquisition of Amaryllis Hotel in Blantyre. The committee’s inquiry report also demands an urgent restructuring of the fund, noting that the transaction exposed severe failures in fiduciary … The post Amaryllis Hotel probe urges action, recoveries appeared first on Nation Online.
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