Leston Mulli, Managing Director of Mulli Brothers says his conglomerate will support State President Joyce Banda and her government. He said this to journalists in Lilongwe today.
He said, his group is fully aware that it would not survive without supporting the government of the day. He also denied reports that his group owes many individuals and institutions including banks a lot of money.
The free-speaking business magnate said that contrary to many people’s belief; the former president Bingu wa Muthalika never held any shares in the group.
Mulli Brothers dominated the Malawian business sector during the tenure of wa Muthalika; winning almost all major contracts and buying many properties and businesses. Mulli was very close to Bingu, his party and to the government. He (Mulli) and his group made huge donations to wa Muthalika and his party including the state of the Limousin at the wedding of Bingu to Calista in 2010.
Asked on the future of Mulhakho wa Alhomwe with the demise of its founding patron, he said the grouping would continue operating as it is a cultural organization. He was quick to say, however, that Bingu’s death is a big blow to the cultural group. He wished the soul of Mulupale Mapwiya Bingu wa Muthalika to rest in peace. Mulli was an active member to the Mulhakho wa Alhomwe and his company was a major sponsor.
Meanwhile the Democratic Progressive Party (DPP) has elected Professor Arthur Peter Muthalika as its interim leader. This is contained in a statement issued this afternoon. This is first statement to come from the DPP since the demise of its founding leader.
Bingu wa Muthalika, 78, died on Thursday April 5 2012 of cardiac arrest but the official announcement was made on Saturday April 7 2012 by the Office of the President and Acbinet