Govt to appeal K300bn Finance Bank award
The Malawi Government plans to appeal a compensation award given to the defunct Finance Bank Malawi. Attorney General Frank Mbeta described the K300 billion amount as excessive. After reviewing the court order, the chief legal adviser decided to challenge the ruling. The government intends to bring the case before a full bench of the Malawi Supreme Court.
Attorney General Frank Mbeta says the Malawi Government will challenge the “excessive” K300 billion compensation award to the defunct Finance Bank Malawi (FBM). The government’s chief legal adviser said in an interview yesterday that having reviewed the court order, his conclusion is that it should be challenged before a full bench of the Malawi Supreme … The post Govt to appeal K300bn Finance Bank award appeared first on Nation Online .