NBM, FCB, and Mukuru at the Heart of a Chinese-Backed Multi-Billion Kwacha Heist Robbing Malawi of Forex
[Nyasa Times - Malawi] - 13/01/2026
National Bank of Malawi (NBM), First Capital Bank (FCB), and Mukuru are at the center of a multi-billion Kwacha scheme that has siphoned Malawi’s foreign currency into the pockets of Chinese nationals, their local proxies, and shadowy crypto networks—leaving the country’s economy gasping for (…)
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