A 40-year-old businessman at Makawa Trading Centre in Mangochi, Philip Theu, and has committed suicide after failing to pay back K500,000 loan from the Village Savings Bank.

The incident occurred on December 20, 2021 at Kela Village in the area of Traditional Authority Mponda in Mangochi.

According to Police findings, Theu who owned a Bottle store borrowed a sum of half a million kwacha from the Village Bank Group he joined within the village.

Theu failed to meet the deadline which was yesterday a thing which prompted the group members to follow him to his house to grab his property.

Upon arrival at the deceased’s house, the members found his daughter who lied that his father wasn’t at home despite being inside the house.

Few hours after they left, the daughter went to check at the bedroom where she found him hanging from the roof.

The matter was reported at Makokola Police Unit who rushed to the scene and took the dead body to Koche Health Centre where suffocation has been indicated as the cause of death.

Police are therefore appealing to the public to refrain from taking their own lives whenever they face challenges in life. They should rather seek counselling or share issues to colleagues.

Philip Theu hailed from  Kela Village Traditional Authority Mponda in Mangochi.