Fresh directions in K20bn bank fraud case
The High Court of Malawi in Blantyre has issued fresh directions in the K20 billion bank fraud case involving some former directors of Cotton Ginners Africa Limited (CGAL). This is a seven-year-old case where four local commercial banks were allegedly defrauded of at least K20.9 billion through loans obtained by Pakistani Abdul Rehman Abdulla, one
Source: mwnation.com