Court Resumes Hearing K5 Billion MSB Sale

High Court has resumed hearing a case involving former Chief Secretary to Government Lloyd Muhara, business tycoon Leston Mulli and former Secretary to Treasury Cliff Kenneth Chiunda

The trio is facing charges related to a K5 billion alleged fraud during the disposal of Malawi Savings Bank (MSB).

Yesterday lawyers of the state requested High Court in Lilongwe to revoke their bail for failing to appear in court and not providing reasons for their absence.

Lawyer Dziko Malunda told the presiding judge that several issues need to be addressed on Wednesday.

Malunda said the Defence should clarify why bail should not be revoked due to their failure to attend the court session on Tuesday

Additionally, the state lawyer says the accused are expected to enter their pleas regarding the matter.

Meanwhile, defence lawyers have delivered a letter to the state requesting the reasons why Counsel George Liwimbi and Counsel Enock Chibwana have been appointed as Public Prosecutors in the case.