Nocma 'duped' K700 million, opens probe
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National Oil Company of Malawi (Nocma) Limited has confirmed an investigation into a “fraudulent correspondence” worth $403 605 (about K700 million) intended for one of its service providers, Mozhandling Limited. In a statement yesterday, Nocma said the payment, made on April 29 2026 to a Bank of America account, related to the handling of petroleum …
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