Mahmed Shafee Ahmed Chunara granted bail
Published on July 22, 2020 at 11:43 AM by Robert Ngwira
Senior resident magistrate Florence Msekandiana has granted bail to businessperson Shafee Ahmed Chunara.
Chunara was arrested on Monday in connection with the importation of Cement worth K5 billion (about $7 million) duty free using former president Peter Mutharika’s tax-free status.
The court has since charged him with two counts of Fraud and Money Laundering.
He has been given a K10 million bail bond and on condition that he surrenders two sureties worth K50 million each.
