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HomeMalawiPAC report names Zamba, others over K128.7bn Amaryllis hotel purchase

PAC report names Zamba, others over K128.7bn Amaryllis hotel purchase

MalawiSep 10, 2026, 11:56 PM
🇲🇼 MalawiNEWS DESKPublisher image not supplied
NEWS DESKMalawi
PUBLISHEDSep 10, 2026, 11:56 PM
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What the source reports

Parliament’s Public Accounts Committee (PAC) has recommended further investigation, legislative reform, recovery of losses and individual accountability over the K128.

7 billion Public Service Pension Trust Fund purchase of Amaryllis Hotel. The committee’s report was adopted on March 31, under committee chairperson Steven Malondera. PAC said the transaction represented serious lapses in fiduciary discipline,…

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Main source: Nyasa Times

TDBN presents the written preview supplied through the publisher's feed. Complete reporting, continuing updates, context, and corrections remain with the original report.

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