June 18 2019
A Reserve Bank of Malawi (RBM) manager, a businessperson and two other RBM employees have been arrested for stealing K354 million at the Central Bank.
Police have arrested the bank’s manager for operations Charles Mchakulu, other employees Olivia Phiri and Rabecca Chisenga as well as entrepreneur Lucy Sukali.
National Police spokesperson James Kadadzera confirmed the arrests saying the four have been charged with conspiracy, theft and money laundering.