Kosamu, two others released on bail

Wester Kossam, the former Chief Executive Officer of Salima Sugar Company, along with two other officials, Gregory Mwale and Lloyce Nundwe, has been granted bail by the Lilongwe Senior Resident Magistrate Court.

Kossam has informed us of his release, stating, “I’m back home.”

As part of the bail conditions, each of the three individuals is required to post a K1.5 million bail bond, along with sureties also valued at K1.5 million each on a non-cash basis.

Additionally, they must report to the Limbe Police Station in Blantyre.

Kossam, who confirmed his termination from the company on August 4 of this year, was arrested alongside Mwale and Nundwe on charges of alleged abuse of office, fraud, and money laundering.

Gladys Chiwaula, the National Police Spokesperson, confirmed the arrests earlier today.