Aret suspends CEO, 2 others  over K180m abuse

State run Agriculture Research and Extensions Trust (Aret) board has suspended its chief executive officer and two other senior officials on allegations of K180 million abuse of money.

Khumbanyiwa: Aret CEO suspended

Sources at Aret say the chief executive officer Andy Khumbanyiwa, Finance and Administration manager Jonathana Mwakiyela and Investments and Business Development officer Wesley Mwamadi have been sent on suspension pending investigations.

According to the allegations, Khumbanyiwa and the two others conspired to defraud Aret of K180 million in dubious payments.

It is alleged that Khumbanyiwa instructed the internal procurement committee at Aret to stop Limbe Leaf from supplying firewood at Aret Mwimba farm in Kasungu, saying instead he asked a company known to him to supply the firewood which he paid K24 million.

“This raised the eye brows to the internal procurement committee who found that this company never supplied the firewood to Mwimba as well as what type of firewood can cost that much,” said our source.

Our source says this forced the board to look into other previous payments made under the instructions of Khumbanyiwa and discovered nine payment vouchers amounting to K156 million showing dubious and fraudulent payments.

In the payments, it shows Khumbanyiwa, Mwakiyelo and Mwamadi paid each other US$5000 each for foreign trips which they never undertook.

A letter of suspension tells Khumbanyiwa to stop going to the office, surrender his laptop and never leave Lilongwe with his official vehicle without permission from the board, among other suspension conditions.

Aret is financially struggling.

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mandala
mandala
5 years ago

Shaaaaa koma alomwe kuba alibe nako manyazi ndithu DPP woyeeee!!!!

Mmora Muroma
Mmora Muroma
5 years ago

Andy Khumbanyiwa the author of a book titled Poverty by Choice. So he chose not to be in poverty by not applying what he is advocating in his own book but short and crooked ways. Shame!

Nyanthumbo
Nyanthumbo
5 years ago

Somebody said time will tell indeed it has come to pass. The 50 pound hammer has hit him back. God you are faithful. Truth always prevails

Bararabarara
Bararabarara
5 years ago

Pepani bwana Khumbanyiwa kuti mwagwidwa. You will be a sacrificial lamb. You are not the only one abusing foreign travel. There is gross abuse of foreign travel at MACRA, MBS, TCC, CFTC, LWB, BWB, SRWB and NRWB.

Over the past 12 months, each of these CEOs has received in excess of 40,000 US Dollars in foreign travel allowances. Mbava!

Malawis future
Malawis future
5 years ago

How did he get the job in the first place because it looks he is not qualified for this kind of technical job

Success
Success
5 years ago

This Board has strong ethics.

Ras Shillo
Ras Shillo
5 years ago

Kubera alimi through mbande za mitengo. Sikhawa ayi ka gulu mu aret….

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