Malawi Registrar: Legal Action Begins to Reverse Amaryllis Agreement

The Registrar of Financial Institutions has begun legal proceedings against trustees of the Public Service Pension Trust Fund at the High Court of Malawi over the controversial acquisition of Amaryllis Hotel in Blantyre. The registrar, who is also the Reserve Bank of Malawi (RBM) governor, has obtained a mandatory injunction requiring the trustees to rescind … The post Registrar moves to reverse Amaryllis agreement appeared first on Nation Online.