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  • Newspaper

    Two arrested over theft of millions meant for student loans

    Malawi

    Press

    Malawi24 - University World News

    Two employees at the Higher Education Students’ Loans and Grants Board (HESLGB) have been arrested in Lilongwe for allegedly stealing through a private university, MWK335 million (US$326,000) meant for student loans between 2018 and 2019. Failing to pay rent and provide loans to students at the tertiary institutions, the university made a proposal to the board for a donation of MWK10 million (US$9,750). The board instead sent MWK300 million and asked the university to return the additional money to various accounts belonging to employees at the loans board.

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