The main opposition Democratic Progressive Party (DPP) has apologized for receiving K145 million from Pioneer Investment Limited when it was in power.
This follows a legal battle commenced by Youth and Society (YAS) against DPP and two other individuals.
The money was believed top be a cut from a contract which Pioneer Investment Limited, a Malawi Police Service supplier, got from government.
The court action which YAS commenced has been before the Supreme Court of Appeal for about five years.
The case was a result of a leaked Anti-Corruption Bureau (ACB) document showing that the company made am abortive claim of K466 million in the Police Food rations deal, and deposited K145 million into the DPP bank account.
The sole signatory of the account is DPP president Peter Mutharika, who was Malawi President at the time.
After the issue was brought to the public, DPP refunded the money to the company.
In as statement released by the party on Wednesday, DPP spokesperson Shadric Namalomba said is regrets receiving the money and its willingness to refund the said money to Pioneer Investment Limited, ‘was out of regret for receiving money which was tainted with these serious allegations’.
“The DPP wishes to disassociate itself and its leadership from any dealings by Pioneer Foods and hereby expresses regret for accepting the donation from Pioneer Foods and the subsequent error of judgment in swiftly refunding the money to Pioneer Foods.
“The DPP assures members of the public that it remains committed to manage the Malawi economy and public resources as guided by the above stated Principle and Guideline. The DPP is also committed to exercise more due diligence in receiving donations in the future,” reads the statement in part
