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Govt demands K26 billion in Salima Sugar case
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Govt demands K26 billion in Salima Sugar case
Malawi Government has filed a $15 million (about K26.2 billion) counterclaim against AUM Sugar and Allied Limited (AUM SAL) as compensation for alleged mismanagement and improper payments at Salima Sugar Company Limited (SSCL). The counter-claim comes after AUM SAL, which sought arbitration from the same International Court of Arbitration (ICA), claimed a refund of $12 …
·Blantyre, Malawi
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