Nomads act on K124m fraud
Be Forward Wanderers Chairperson Gift Mkandawire has assured the team’s supporters that all is well at the club despite a report that exposed financial mess at the Blantyre-based TNM Super League outfit.
An investigation instituted by the club exposed abuse of funds from an airtime dealership contract with TNM Plc in which the club has lost K124 million.
Wanderers chairperson Gift Mkandawire said in a statement that the executive committee met on Tuesday
He also said that the club had stopped payments into the TNM dealership account until the matter is sorted out.
Reads the statement: “We are basically in the process of fully understanding the findings such that we have had meetings with trustees and executive and have mapped the way-forward, which is now an internal matter.
“Nomads supporters should be assured that the matter is under full control and that all the processes are in perfect order. We shall be in close contact updating all direct stakeholders, namely supporters, players, executive members and trustees.”
The chairperson also said that general secretary Mike Butao, who was implicated by the report, is now on leave.
“Mr. Butao is currently on leave and all matters regarding his office are ably being handled by me, vice-general secretary Christopher Kananji, vice-chairperson [Hubert] Mfune and the treasurer Robert Mbedza. Our supporters be assured of our untiring efforts to ensure our operations are transparently done,” the statement further reads.
Mkandawire also stated that the executive will ensure that the club’s operations are running smoothly.
“We are working around the clock to ensure that the team is running smoothly. We are currently in the best of forms hence, we shall vehemently safeguard any distraction of our attention to ensure the boys give us required results,” he said.
Soccer analyst Charles Nyirenda applauded the Nomads for ensuring that the matter is investigated internally.
“It’s not easy for such a matter to be investigated and concluded within the club. Some would have opted to bury it. But the Nomads have shown their maturity by investigating the matter and ensuring its logical conclusion,” he said.
A report conducted by a panel comprising Mbedza, vice-chairperson Allan Chuma and Mfune uncovered the existance of a TNM dealership account opened in 2014.
Wanderers have paid K110 million into the TNM dealership account between 2014 and 2019.
However, the proceeds from the sale of airtime never reached the club.
