SALIMA SUGAR FRAUD: BILLIONS IN FUEL TANKS AND IRRIGATION FUNDS FEARED PLUNDERED

by | May 12, 2026 | pijmalawi | 0 comments

BY PIJ REPORTERSalima Sugar Company, originally established in 2012 to bolster Malawi’s agriculture sector through a loan from India’s EXIM Bank, is now under the microscope.An alarming audit revelation suggests that of the US$76.5 million obtained in 2012 to finance the development of an irrigation…

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