WIRE — Months after the Amaryllis Hotel transaction triggered public outcry, a parliamentary inquiry and the freezing of bank accounts, no arrests have been made and no funds have been recovered, raising renewed concerns about the effectiveness of Malawi's financial oversight systems. The 90‑day freeze on the accounts at the centre of the controversy has elapsed, and The post Amaryllis funds controversy deepens as months pass with no arrests or recovery appeared first on Malawi News | Breaking News, Politics, Business & Sports | Nyasa Times.
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