Low level Finance Ministry delegation fails to impress Malawi MPs at maizegate inquiry
A low level delegation from the Ministry of Finance has failed to impress at the ongoing maizegate inquiry conducted by parliament.
Ministry’s director of debt and aid Madalo Nyambose appeared before the Public Accounts Committee and the Parliamentary Committee on Agriculture, Irrigation and Water Development which are holding public inquiries into the ‘maizegate’, a term referring to alleged fraudulent transactions that Admarc was involved in when purchasing maize from Zambia,.
The inquiry accused Nyambose of not providing important information crucial to the inquiry.
Nyambose told the inquiry the ministry’s role in the maize procurement from Zambia was minimal, restricted to provision of funds to the purchase of the grain.
“The government has different ministries with different mandates. We would be doing other people’s job if we were fully involvement in the procurement processes,” she said.
However, the parliamentarians argued that as guarantor to the providers of money, the PTA Bank, the ministry was supposed to take an active role in the procurement processes.
They told her that Admarc might not be able to repay the PTA Bank loan because people are not buying the K12500 per bag maize from Admarc markets opting cheaper maize from vendors.
Nyambose said she was not even aware that Admarc cancelled a written contract with Kaloswe and entered another one before written conclusions with the previous one.
Secretary to the ministry Ronald Mangani was said to be away attending a funeral.
Chairman of the inquiry Jospeh Chidanti Malunga said Mangani will be called to answer some questions which Nyambose failed to answer satisfactorily.
The parliamentary inquiry on maizegate is being covered live on Times Radio.
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anakuuzani ku supporta dpp nde ndiwe ophunzira ndi ndani, sukulu yake iti? lawlessness prophessors!
Ngati wakukanikani Nyambose Dr Mangani si saizi yanu a nyapapi inu. He is quite sharp you will only end up showing your stupidity and nakedness of your mind.
it is a responsibility of ministry of finance to send the necessary people to such essential enquiry, in order to save time and money,,,,The of stilling government resources is not a question of how you went far with education,, still Is stilling, whether you’re a lawyer from Yale university, or you’re a director of corporate affairs in a big company like Vodafone, every understand stilling as bad, even a villagers who never went to school can ask nyambose how the ministry mishandled the procurement of maize, ,,,,,,,those you think you are educated must know you are their to save people. you’re educated to offer good governance, not to castigate MPs who are sole representatives of people.
Not long ago, a similar parliamentary committee was outshined by Mphwiyo and they were impressed bcoz he gave them lies. Today, the courts describe Mphwiyo as a cashgate mastermind.
Madalo is telling the truth and you say she’s low level. Very low thinking. Leave technical issues to technocrats. Don’t waste our hard earned taxes.
In the past, Finance ministry was involved in procurement processes of subsidies on farm inputs, people cried foul. Now they restrict to what they’re employed to do, (allocation of funds), mukuti alakwitsanso.
Ndiye mukuti adzitani? Pariament MPs are just there to claim allowances basi, they’ve failed malawians too.
Unfortunately the requirements for one to be a member of the so-called Parliamentary Committees is just being an MP. Whether one has necessary qualifications to understand issues or not doesn’t matter. No wonder the Committees are failing to understand technical issues.
Nyambose as Director is not ” low level”.
She told the inept commission of inquiry the role the ministry plays in such matters. Even if Mangani goes he will tell them the same.
What I have noted is that this commission has a list of answers they would like to get.
It is a total waste of our money to continue with this line of questioning. They should leave it to the experts!
Its better the MPs quiz the so called ‘Elites’ with dirty hands on maizegate. I see to it that at our level as victims of circumstances, the committee is vital on investigations than skeptical commission of Msosa.
You call Director of Debt and Aid ‘low level’? This is a very senior position. Madalo is more educated than the MPs who were asking her.
Who is this chidanti guy? ntchito kuvala gule. The matter here is for experts
and not MPs whom most of them have shallow minds such as Kamlepo Kaluwa
akudziwa chani cha Letters of Credits? If indeed payment terms were through
LCs, it means loan with PTA Bank has faltered/failed by force majeure in view
of failure of supplier to delivery the stated quantities of maize to specific places
in Malawi. The LC cannot therefore be paid and loan could have been created
as Malawi Government did not have cash cover or cash upfront to back up the
maturing LCs. Government can only pay arrangement fees, negotiation fees
and perhaps documentation fees to PTA Bank. ADMARC can only pay the
value of maize delivered by Zambian supplier and this is where over pricing
issue can be contested in court so that only reasonable price is paid.
I hope most brutes who just comment without understanding Structured Trade
and Finance will keep quiet and let it understand that PTA Loan is intact unless
what we are being told about LCs is completely fake. The only party to tell us
the truth I guess is PTA and Reserve Bank of Malawi and this can be a phone
call and not waste time calling people to these stupid hearings.
I am not aware of that, I dont know etc until she was asked whether she was speaking for the ministry or in personal capacity! For the first time, Malawi has shown us what americans do!
Has Nyambose truly failed to answer, or what she answered was contrary different from the expectations of this inquiry? Following with keen interest. God bless Malawi. Stay blessed.
Director is a PS level grade.Mangani will have to provide the same information.These standard 8 graduates feel they are so important and undermine who ever appears before them.What’s the qualification for Kamlepo? The whole scheme has not gone the way they anticipated…
Nyambose answered well only that you want Mangani to answer basi. The mandate of the ministry of finance to dispense funds after being satisfied that all the prior documents and procedures are presented.
A parliament muzingodya ma allowance simutithandiza mukadziwa ndiye mutani? Mukudziwa zambiri za rotten ministers mwatani? za tractorgate, 577 cashgate, what have you done asa
Izi sinyozerana ai inu amene mukuti ndinu anthu ophunzira asiyeni aPhunguwo agwire nchito yowo chilungamo chioneka.palipano inu ophuzilanu ndiye mukuba zedi ndalama zaboma ndikuphunzira kwanu, koma dziwani kuti sukulu sichotsa uchitsilu. Chitsilu ndi chitsilu basis, kunyoza kokhaso mwasonyeza kuti ndinu zitsilu. Ndalama za boma ndi misonkho ya tonse aMalawi osauka kaya olemela, ophunzira kaya osaphunzira those tikusonkha msonkho. Ndiye musakhale ngati a nzeru kunyoza anzanu pamene ndalama zakubazo mungokhalira kutenga ma edzi m ‘ma bottle store. All of u u so called yourself educate u r stupid ,agalu achabe chabe tsekani pa zimbudzi (pakamwa) panupo.
O Phiri manyazi mulibe kutukwana choncho? anakuletsani kuphunzira ndani? Mutha kuphunzira nanu baba. Nsanje lekani