Court adjourns Karim, Chanza K150 million bank fraud case


The Lilongwe Chief Resident Magistrate Court has adjourned to 2 pm today the case where the defence in the K150 million bank fraud case involving businessperson Zameer Karim alongside banker Victoria Chanza are cross-examining two State witnesses.

The defence has since cross-examined George Phuza, Head of Credit Section at Ecobank.

The cross-examination follows a move by the State to amend a charge sheet by adding a money-laundering count involving Karim.

Karim and Chanza were charged with fraud, forgery and altering documents to obtain a loan of K150 million at Ecobank.

When the court reconvenes the defence will cross-examine the second state witness who is an investigator at Malawi Police Service.

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