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“We Are a Hopeless Nation”: Malawians Blast Authorities as Hotel Fraud Suspects Roam Free

By Chikondi Mwanza
Sylvester Ayuba has launched a blistering attack on authorities, demanding to know why the directors of unregistered firm EMJ Advisory Public Accountants are not yet in police custody following their shocking testimony before Parliament’s Public Accounts Committee.
The company’s directors, Emmanuel Chisale and Simplex Bwanali, admitted this week that their firm – which recommended the Public Service Pension Trust Fund value Amaryllis Hotel between K115 billion and K145 billion – is not a registered valuer . Despite this revelation, no arrests have been made.
“The fact that these two charlatans are still not in Police custody until now explains the kind of nation that we are and the urgent need for a benevolent dictator in this country,” Ayuba fumed.

He pointed to glaring inconsistencies in the firm’s analysis, noting that while EMJ claimed the K128.7 billion purchase would pay off in 18 years, another qualified valuer testified that even at K48.7 billion, recovery would take 36 years .
Ayuba argued that Malawians are missing the bigger picture because they are “too obsessed with fighting the Judiciary and its ‘corruption’.”
“These crooks were dealing with the Executive, for the benefit of the Executive, to steal from Malawians. The same Executive is the sole holder of the power to arrest and prosecute,” he said.
He drew attention to Malawi’s troubling history of selective prosecution, noting that those who aid government corruption only face justice when administrations change – and even then, cases are often discontinued.
“And yet we will all, when the day falls, blame the Judiciary for our corruption,” Ayuba warned.
He urged Malawians to redirect their anger appropriately: “Let’s start fighting corruption, not institutions. These two crooks need no further evidence that they belong to Police cells, but your Executive will protect them and you will remain silent.”
The scathing commentary comes as the Public Accounts Committee continues its inquiry into what is now being called one of the most controversial investments of public pension funds in Malawi’s history .



