Govt Unaware of East Bridge Guarantee as Malawi Faces K57 Billion Fertiliser Claim and Possible Asset Seizures Abroad
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Minister of Finance Joseph Mwanamvekha says his ministry is not aware of any sovereign guarantees linked to a controversial fertiliser deal with Romanian firm East Bridge Estate SRL, even as the company has issued Malawi a 10-day ultimatum to pay $32.6 millio
Govt Unaware of East Bridge Guarantee as Malawi Faces K57 Billion Fertiliser Claim and Possible Asset Seizures Abroad
Minister of Finance Joseph Mwanamvekha says his ministry is not aware of any sovereign guarantees linked to a controversial fertiliser deal with Romanian firm East Bridge Estate SRL, even as the company has issued Malawi a 10-day ultimatum to pay $32.6 million (about K57 billion). Mwanamvekha’s remarks come at a time when Malawi is facing […] The post Govt Unaware of East Bridge Guarantee as Malawi Faces K57 Billion Fertiliser Claim and Possible Asset Seizures Abroad appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more
