Zambian tycoon Rajan Mahtani's bank wins $173 million from Malawi over 2005 shutdown
Billionaires Africa | 12.11.2026 01:25
Finance Bank of Malawi, the defunct lender owned by Zambian tycoon Rajan Mahtani's group, has been awarded K300 billion ($173 million) in damages for the central bank's unlawful decision to shut it down in 2005. Malawi's government says it will challenge the payout as excessive.
