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Judge Mwaungulu to rule on Mulli assets value: Malawi Savings Bank saga

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Supreme Court of Malawi judge Dunstan Mwaungulu will on July 9 2015 make a determination as regards the value of Mulli Brothers Limited (MBL) Holdings’ properties up for sale by the State-owned Malawi Savings Bank (MSB) to recover an outstanding loan of about K3.3 billion (US$7.3 million). Chancy Gondwe, lawyer for MBL confirmed “the injunction...

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