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Wednesday, July 26, 2017

Malawi Govt to Probe Unreconciled K810mil Mining Revenue - Minister - allAfrica.com

Malawi Govt to Probe Unreconciled K810mil Mining Revenue - Minister - allAfrica.com: "Newly appointed Minister of Natural Resources, Energy and Minning, Aggrey Massi has said government will investigate the missing of about 43 percent of the total revenue Malawi government generated from the mining sector in 2014 amounting to K810 million.

The money cannot be reconciled in accounting books, according to the country's first Extractive Industry Transparency Initiative (EITI) report launched in Lilongwe."



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