{"id":34596,"date":"2022-11-11T22:19:45","date_gmt":"2022-11-11T22:19:45","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/more-admarc-mess-laid-bare"},"modified":"2022-11-11T23:00:44","modified_gmt":"2022-11-11T23:00:44","slug":"more-admarc-mess-laid-bare","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/more-admarc-mess-laid-bare","title":{"rendered":"More Admarc mess laid bare"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Malawi. <\/strong><\/span>Secretary to Treasury (ST) Macdonald Mafuta Mwale, whose office holds 99 percent of shares in the troubled Agricultural Development and Marketing Corporation (Admarc), Thursday said he was not part of the decision to shut down the State-owned grain trader.<\/p>\n<p>Mwale appeared before a joint Parliament committee that is looking into the closure and suspected insurance fraud at the parastatal. He said then minister of Agriculture Lobin Lowe\u2019s announcement on August 31, 2022 came as news to him.<\/p>\n<p>\u201cNo formal procedures were followed in the process of closing Admarc and even after the [former] minister\u2019s announcement, no formal communication was made to my office,\u201d the ST said.<\/p>\n<p>On the other hand, Mwale indicated that he was aware that there were a lot of meetings on Admarc but that the meetings were about discussing financial problems at the company.<\/p>\n<p>He added that Admarc\u2019s board told the Ministry of Finance that what was happening was an operational issue and that workers were being sent on a three-month paid leave only to hear later that staff would be retrenched at a cost of K8.9 billion. He weighed in on the costs, saying they are too high and nowhere in the budget of Treasury which is supposed to cough the money.<\/p>\n<p>\u201cThat is a worry for me because all the requests I have on my desk from the Ministry of Agriculture about Admarc are yet to be met. For instance, we are talking about salaries which haven\u2019t been paid. So as we speak, we do not have such resources,\u201d the ST said.<\/p>\n<p>During his earlier appearance before the committee, Comptroller of Statutory Corporations, Peter Simbani, also said he was not consulted on the shutdown of Admarc and the subsequent sending of staff on indefinite leave. Simbani insisted that a decision to send parastatal workers on leave and suspend operations needed his office to be engaged.<\/p>\n<p>\u201cOur mandate is to follow up on matters of corporate governance, issues of administration in all parastatals. This is an administrative issue. We should have been informed that this is what is going to happen; then we would have provided our advice,\u201d Simbani said.<\/p>\n<p>Meanwhile, appearing before the same committee yesterday, former Admarc board chairperson Alexander Kusamba Dzonzi seemed to be having a tough time explaining issues in one accord especially regarding his connection with a company called Market Link.<\/p>\n<p>On Monday, Dzonzi told the committee that he did not know the company which allegedly fraudulently controlled maize transactions between cooperatives and Admarc.<\/p>\n<p>But yesterday, he told the committee that he knew the company through some cooperatives in Lilongwe, that approached him about challenges they were facing with Admarc and that Market Link was their proxy.<\/p>\n<p>Admarc\u2019s suspended General Manager Rhino Chiphiko also said he was introduced to Market Link by Dzonzi. \u201cIt was honourable Dzonzi who told me that we were meeting some of the cooperatives and one of them was Market Link which was stationed at [National Food Reserve Agency] at Kanengo,\u201d Chiphiko said.<\/p>\n<p>While admitting to have worked with Market Link as a coordinator for cooperatives, Admarc Central Region Manager Dave Masache told the committee that no payment was made to the company for the work it had done.<\/p>\n<p>Lowe announced the shutting down of Admarc and cited high levels of corruption, theft and professional negligence at the State-owned grain trader as reasons for the decision.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/malawi\">Malawi<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Malawi. Secretary to Treasury (ST) Macdonald Mafuta Mwale, whose office holds 99 percent of shares in the troubled Agricultural Development and Marketing Corporation (Admarc), Thursday said he was not part of the decision to shut down the State-owned grain trader. Mwale appeared before a joint Parliament committee that is looking into the closure [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":34595,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12,410],"tags":[1015,233,371,4784,234,1861],"class_list":["post-34596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","category-to-homepage","tag-admarc","tag-africa-press","tag-africa-press-malawi","tag-macdonald-mafuta-mwale","tag-malawi","tag-rhino-chiphiko"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>More Admarc mess laid bare - Malawi<\/title>\n<meta name=\"description\" content=\"Secretary to Treasury (ST) Macdonald Mafuta Mwale, whose office holds 99 percent of shares in the troubled Agricultural ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/more-admarc-mess-laid-bare\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More Admarc mess laid bare\" \/>\n<meta property=\"og:description\" content=\"Secretary to Treasury (ST) Macdonald Mafuta Mwale, whose office holds 99 percent of shares in the troubled Agricultural ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/more-admarc-mess-laid-bare\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-11T22:19:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-11T23:00:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/11\/postQueueImg_1-636ed3bebb028.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/more-admarc-mess-laid-bare#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/more-admarc-mess-laid-bare\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"More Admarc mess laid bare\",\"datePublished\":\"2022-11-11T22:19:45+00:00\",\"dateModified\":\"2022-11-11T23:00:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/more-admarc-mess-laid-bare\"},\"wordCount\":578,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/more-admarc-mess-laid-bare#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/11\/postQueueImg_1-636ed3bebb028.jpg\",\"keywords\":[\"Admarc\",\"Africa Press\",\"Africa Press-Malawi\",\"Macdonald Mafuta Mwale\",\"Malawi\",\"Rhino Chiphiko\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/more-admarc-mess-laid-bare#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/more-admarc-mess-laid-bare\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/more-admarc-mess-laid-bare\",\"name\":\"More Admarc mess laid bare - 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