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

Date: 22-05-2013 9:18 pm (11 years ago) | Author: franel
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- at 22-05-2013 09:18 PM (11 years ago)
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«§» 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.


Posted: at 22-05-2013 09:18 PM (11 years ago) | Hero
- GreatDan at 22-05-2013 09:36 PM (11 years ago)
(m)
It is well ooooooooooooo
Posted: at 22-05-2013 09:36 PM (11 years ago) | Upcoming
Reply
- chicco77 at 22-05-2013 10:25 PM (11 years ago)
(f)
 Cool Cool
Posted: at 22-05-2013 10:25 PM (11 years ago) | Addicted Hero
Reply
- KingPharoah at 22-05-2013 10:46 PM (11 years ago)
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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?
Posted: at 22-05-2013 10:46 PM (11 years ago) | Upcoming
Reply
- dickman2 at 22-05-2013 11:28 PM (11 years ago)
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good of her..but e no fit  happen for naija..
Posted: at 22-05-2013 11:28 PM (11 years ago) | Addicted Hero
Reply
- Senegal at 22-05-2013 11:29 PM (11 years ago)
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This is leadership by example
Posted: at 22-05-2013 11:29 PM (11 years ago) | Hero
Reply
- paulohking at 22-05-2013 11:41 PM (11 years ago)
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Hmmmmm, Naija leaders!!! Una dey read news?
Posted: at 22-05-2013 11:41 PM (11 years ago) | Hero
Reply
- beneno at 22-05-2013 11:53 PM (11 years ago)
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na here we go dey hear say one naija guy don buy am pay cash  Roll Eyes
Posted: at 22-05-2013 11:53 PM (11 years ago) | Addicted Hero
Reply
- udenzeu at 23-05-2013 12:01 AM (11 years ago)
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True leadership
Posted: at 23-05-2013 12:01 AM (11 years ago) | Gistmaniac
Reply
- ebiteck at 23-05-2013 12:07 AM (11 years ago)
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Jonathan i hope you are listening to this
Posted: at 23-05-2013 12:07 AM (11 years ago) | Gistmaniac
Reply
- pchinedu20 at 23-05-2013 12:40 AM (11 years ago)
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To be a leader yu must be a servant ...
Posted: at 23-05-2013 12:40 AM (11 years ago) | Gistmaniac
Reply
- etibaba at 23-05-2013 12:42 AM (11 years ago)
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Not in 9ja.

Posted: at 23-05-2013 12:42 AM (11 years ago) | Gistmaniac
Reply
- ghanalove at 23-05-2013 12:52 AM (11 years ago)
(f)
Women president making us women proud . Thank you mama
Posted: at 23-05-2013 12:52 AM (11 years ago) | Upcoming
Reply
- Biafranwar at 23-05-2013 02:08 AM (11 years ago)
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True leader with a vision, not nigeria leaders
Posted: at 23-05-2013 02:08 AM (11 years ago) | Gistmaniac
Reply
- arsenal123 at 23-05-2013 03:38 AM (11 years ago)
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 Cool Cool Cool Cool
Posted: at 23-05-2013 03:38 AM (11 years ago) | Gistmaniac
Reply
- ezchusa at 23-05-2013 03:51 AM (11 years ago)
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wow

Posted: at 23-05-2013 03:51 AM (11 years ago) | Gistmaniac
Reply
- proly at 23-05-2013 05:30 AM (11 years ago)
(f)
Kkkkk
Posted: at 23-05-2013 05:30 AM (11 years ago) | Hero
Reply
- kingcalors at 23-05-2013 05:50 AM (11 years ago)
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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!
Posted: at 23-05-2013 05:50 AM (11 years ago) | Gistmaniac
Reply
- stevbros at 23-05-2013 06:31 AM (11 years ago)
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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.
Posted: at 23-05-2013 06:31 AM (11 years ago) | Newbie
Reply
- morgrawl231 at 23-05-2013 06:43 AM (11 years ago)
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GOOD LEADER,,,,,,
Posted: at 23-05-2013 06:43 AM (11 years ago) | Hero
Reply
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