By Linda Kwanjana
National Oil Company of Malawi (NOCMA) has refuted claims that fuel procurement funds are missing.
NOCMA spokesperson, Raymond Likambale has come clear on the allegations levelled against National Oil Company, (NOCMA) C.E.O and Board Chairperson, Colleen Zamba who happens to be Secretary to the President and Cabinet, (SPC) of embezzlement of funds at NOCMA.
Recently, the mainstream media was awashed by the news of Zamba being the great fuel heist crippling fuel shortages through syphoning about MK60 billion.
But in a letter, Likambale has emphasized that funds are strictly monitored and inaccessible to individuals within the organization including the C.E.O and Board Chairperson as payments are made directly by BADEA to suppliers, ensuring no funds enter private accounts.
“NOCMA recently confirmed that telegraphic transfers for payments were successfully made on September 28, 2024, facilitating the importation of 40.8 million liters of fuel. These volumes would not have been possible if the funds were misused as alleged by some quarters. This facility is solely focused on securing fuel supplies for Malawians,” reads the letter in part.
He also said NOCMA remains committed and transparent as the organization provides evidence of transactions and emphasize that no individual, including C.E.O or Board Chairperson has access to BADEA funds.
He added that it is unfortunate that some are using misinformation to tarnish reputation of leardership as the volumes of fuel secured speaks evidence of the effective use of funds.
“The focus should be on solutions not baseless accusations. We are working tirelessly to stabilize the fuel supply and ensure that every Malawian benefits from this facility,” the letter concluded.
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