Namisa Blogger of the year 2013,Stimulating the much needed debate

The call for Charles Chuka’s resignation is part of the 34 list of recommendations that Public Accounts Committee PAC has outlined in its Revised Report that has been presented Wednesday afternoon in the house.
PAC conducted an investigation into the financial mismanagement and misappropriation in government also known as ‘the cash gate scam’
Among of the knew recommendations compared to the previous report, this report includes the stepping down of the Reserve Bank Charles Tchuka who is believed to have been involved as some cheque associated with the scam were authorized from the governments account numbers 1
The committee has also summon the Reserve Bank of Malawi and Commercial Banks that are suspected to have been involved in the cash gate scam syndicate for allowing withdraw of huge sums of money above K1 Million which is not allowed.
The report also recommends that the terms of reference for the External Forensic Auditors, which include all the details, and country of origin be submitted to Parliament through the Public Accounts Committee.


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