State-owned trader Admarc is sinking deeper into what is fast emerging as one of the most damaging commercial scandals involving a public institution, after it ignored a two-week ultimatum to pay a local textile firm more than $15 million (about K26 billion)—a failure that now opens the door to multiple lawsuits, deeper financial exposure and […] The post K26 Billion Cotton Scandal: Admarc Cornered as Lawsuit Deadline Lapses, New Evidence Exposes Trade Deal Chaos appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more