Africa-Press – Malawi. Malawi government through the office of the president and cabinet has forced the Governor of the Reserve Bank of Malawi (RBM) Wilson Banda to use his prerogative and appoint the Attorney General (AG), Thabo Chakaka Nyirenda who is on secondment in the Ministry of Justice to a position of a Director which is against the Banks promotion policy.
Chakaka who was part of the legal team that represented President Chakwera while he was working at Reserve bank during the court appearances, which resulted into a re run was promoted from a position of supervisor to that of a manager after Malawi Congress Party (MCP) leads Tonse government took over power in 2020. This was a thank you as a token of appreciation for representing well MCP.
After being appointed Attorney General Chakaka has been pressuring office of President and Cabinet to appoint him a Director at the Reserve Bank of Malawi, as a way of securing his future at the central bank after serving the office of the Attorney general.
No employ from Reserve bank of Malawi is promoted while on secondment, the setting is that when one returns from secondment, he or she can ably be promoted but not when in secondment at another government department, ministry of agency.
The Governor of the Reserve Bank has been promoting his relatives in the Bank and those of his close associates. Sources within the bank reveal that Wilson Banda has been recruiting sons and daughters of politicians just to secure his tenure and that of his political associates.
At the rate of appointments happening at Reserve Bank, members of staff have vowed to sabotage his tenure by allowing the kwacha to lose value through deliberately twisting figures.
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