{"id":10197,"date":"2012-05-08T18:59:20","date_gmt":"2012-05-08T18:59:20","guid":{"rendered":"http:\/\/www.faceofmalawi.com\/?p=10197"},"modified":"2012-05-08T18:59:20","modified_gmt":"2012-05-08T18:59:20","slug":"mra-used-dirty-trickery-borrowing-to-sugar-coat-revenues-finance-minister-confirms","status":"publish","type":"post","link":"https:\/\/new.faceofmalawi.com\/index.php\/2012\/05\/08\/mra-used-dirty-trickery-borrowing-to-sugar-coat-revenues-finance-minister-confirms\/","title":{"rendered":"MRA used dirty trickery, borrowing to sugar-coat revenues – Finance Minister confirms"},"content":{"rendered":"

Malawi’s Minister of Finance Ken Lipenga has confirmed today the widespread reports that the Malawi Revenue Authority (MRA) borrowed money from banks to balance up the revenue figures.<\/p>\n

These allegations were first publicly made by Member of Parliament for Balaka South George Mnesa in the National Assembly but MRA denied the allegations then.<\/p>\n

\"\"<\/a>

MRA borrowed money to support zero deficit budget<\/p><\/div>\n

Mnesa told parliament in February that he had evidence that MRA borrowed more than K15 billion from commercial banks to spice up revenue collection figures for the government.<\/p>\n

However, MRA Commissioner General Lloyd Muhara had issued a statement then dismissing the allegation saying the authority cannot and has never borrowed money from banks for purposes of balancing revenue figures. The Mutharika regime blocked investigations on the issue.<\/p>\n

Today, Minister of Finance Ken Lipenga confirmed on MBC TV that the revenue authority bloated its figures by borrowing from banks and claiming it was revenue collected.<\/p>\n","protected":false},"excerpt":{"rendered":"

Malawi’s Minister of Finance Ken Lipenga has confirmed today the widespread reports that the Malawi Revenue Authority (MRA) borrowed money […]<\/p>\n","protected":false},"author":1,"featured_media":7622,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81],"tags":[1728,2052,258,2348],"class_list":["post-10197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-news","tag-ken-lipenga","tag-mra","tag-malawi","tag-zero-deficit-budget"],"_links":{"self":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/posts\/10197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/comments?post=10197"}],"version-history":[{"count":0,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/posts\/10197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/media?parent=10197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/categories?post=10197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/tags?post=10197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}