Malawi’s President Sells Presidential Jet For $15 Million To Aid Her Country

Published 6 years ago by: franel
[1] 2 3
at 09:18 PM, 22/05/2013 (6 years ago)

(9964 | Hero) (m)

«§» 22 May 2013

Cash-strapped Malawi has found a buyer for the luxury jet that had once belonged to late leader Bingu wa Mutharika.



A government official said on Wednesday that the presidential jet has been sold for $15 million, raising much need funds for the impoverished African nation.


Mutharika bought the jet in 2009 for $22 million, a purchase that was widely criticized as a waste by many, including Malawi’s main bilateral donor Britain.

The country reduced its aid to the African nation by 3 million pounds because of it.

Current leader of Malawi, President Joyce Banda, who took office in April 2012 after Mutharika died of a heart attack, was lauded when she made the decision to put the luxury jet up for sale.

Principal secretary to the president’s office, Chintu Phiri, told Reuters that the 14-passenger Dassault Falcon 900 EX aircraft was sold to Virgin Islands company Bohnox Enterprise Ltd, who outbid three other buyers.

“We have accepted their offer and we are waiting to hear from them,” Phiri said.

The plane reportedly cost Malawi about $300,000 a year in maintenance and insurance, Reuters reported.

It is one of the cost-cutting measures Banda has employed as she seeks to bring Malawi back from the brink of total economic ruin.

She took a 30 percent pay cut to her earnings as president and put 35 luxury Mercedez Benz cars used by her cabinet up for sale.

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GreatDan at 09:36 PM, 22/05/2013 (6 years ago)
(114 | Upcoming) (m)

It is well ooooooooooooo
Reply
chicco77 at 10:25 PM, 22/05/2013 (6 years ago)
(22444 | Addicted Hero) (f)

 Cool Cool
Reply
KingPharoah at 10:46 PM, 22/05/2013 (6 years ago)
(408 | Upcoming) (m)

Asked Nigerian Governors Godswill Akpabio of Akwa-Ibom & Chibuike Amaechi of Rivers States about this woman's act! Their response will be 'she is backward & lacks visions Lips Sealed Huh?
Reply
dickman2 at 11:28 PM, 22/05/2013 (6 years ago)
(34402 | Addicted Hero) (m)

good of her..but e no fit  happen for naija..
Reply
Senegal at 11:29 PM, 22/05/2013 (6 years ago)
(10335 | Hero) (m)

This is leadership by example
Reply
paulohking at 11:41 PM, 22/05/2013 (6 years ago)
(12345 | Hero) (m)

Hmmmmm, Naija leaders!!! Una dey read news?
Reply
beneno at 11:53 PM, 22/05/2013 (6 years ago)
(26080 | Addicted Hero) (m)

na here we go dey hear say one naija guy don buy am pay cash  Roll Eyes
Reply
udenzeu at 12:01 AM, 23/05/2013 (6 years ago)
(1140 | Gistmaniac) (m)

True leadership
Reply
ebiteck at 12:07 AM, 23/05/2013 (6 years ago)
(2827 | Gistmaniac) (m)

Jonathan i hope you are listening to this
Reply
pchinedu20 at 12:40 AM, 23/05/2013 (6 years ago)
(2054 | Gistmaniac) (m)

To be a leader yu must be a servant ...
Reply
etibaba at 12:42 AM, 23/05/2013 (6 years ago)
(4162 | Gistmaniac) (m)

Not in 9ja.

Reply
ghanalove at 12:52 AM, 23/05/2013 (6 years ago)
(184 | Upcoming) (f)

Women president making us women proud . Thank you mama
Reply
Biafranwar at 02:08 AM, 23/05/2013 (6 years ago)
(2892 | Gistmaniac) (m)

True leader with a vision, not nigeria leaders
Reply
arsenal123 at 03:38 AM, 23/05/2013 (6 years ago)
(6428 | Gistmaniac) (m)

 Cool Cool Cool Cool
Reply
ezchusa at 03:51 AM, 23/05/2013 (6 years ago)
(3731 | Gistmaniac) (m)

wow

Reply
proly at 05:30 AM, 23/05/2013 (6 years ago)
(15613 | Hero) (f)

Kkkkk
Reply
kingcalors at 05:50 AM, 23/05/2013 (6 years ago)
(1455 | Gistmaniac) Online (m)

Our Presido, Goodluck 'Akposhiovo' Ebele Jonathan should go with all Naija serving govrrnors to Malawi and take some serious lectures from the President of Malawi, Mrs Bands. A woman for that matter. Abeg if dem go there make dem no try corrupt the woman or even try to MALAKA her there oooo!
Reply
stevbros at 06:31 AM, 23/05/2013 (6 years ago)
(76 | Newbie) (m)

Nigerians Leaders can no hear dis kind of news. Were fuel subsyde own 150 jet. Pls Almighty God Lea ur mighty hand upon Nigeria Leaders as u did in Egypt.
Reply
morgrawl231 at 06:43 AM, 23/05/2013 (6 years ago)
(10504 | Hero) (m)

GOOD LEADER,,,,,,
Reply
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