Africa-Press – Malawi. Board of Agriculture Development and Marketing Corporation (ADMARC) has suspended its Chief Executive Officer (CEO) Rhino Chiphiko for purchasing an expensive vehicle without approval.
Chiphiko is said to have bought a vehicle pegged at MK107 million in April this year amid Malawi’s ailing economy. The move attracted backlash with many Malawians condemning Chiphiko, describing his decision as inconsiderate. The development forced ADMARC Board led by Alexander Kusamba Dzonzi to institute an investigation on the matter hence the suspension.
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