Dalitso Kabambe: Curbing financial corruption in Malawi

Speech by Mr Dalitso Kabambe, Governor of the Reserve Bank of Malawi, on the Official Launch of Tip-Offs anonymous programme, Lilongwe, 11 July 2017.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Cashgate is the worst tragedy this nation has witnessed in modern times. Our nation has been taken backwards many years while our sister countries from within the region and beyond have progressed. We have learnt bitter lessons and bounce back as an economy, we need to move with renewed commitment and zeal to fight corruption in all its forms in all our places.

This is the reason why, among the core principles, His Excellency Prof Arthur Peter Mutharika, the President of the Republic of Malawi, is advocating that we must be a nation not only of hard working and patriotism but also of high integrity.

When I got appointed on 21st April, this year, when I was asked about priorities, I included one where the Reserve Bank of Malawi plays a central role in ensuring that no public money under any circumstances to be pilfered through theft.