CHAKWERA’S WORTHY DECLARED

President Chakwera has declared his assets as follows: –

Properties

1. House in Area 6 (Plot no 6/623) – K60 million
2. House in Area 49 (Plot no. 49/5/167) – K40 million
3. House in Area 10 (Plot no. 10/576) – K80 million
4. Kaphiri 2 Farm, Kasiya, Lilongwe (inherited from parents)
5. Plot at Nyangulu Village, Salima – K1 million (bought using Parliament gratuity)

Vehicles

1. Mercedes Benz (BS 1835) – K4.5 million
2. Rangerover (MC 969) – K9 million
3. Isuzu ELF 250 (7.8 million)

Gifts

1. Hammer – MC 20
2. Toyota Hilux Single Cab D4D (2 wheel)
3. Toyota Prado TX

Loans

1. K50 million from FDH Bank (Parliament loan)

Vehicles also declared owned by his son, Nick Chakwera, Daughters Violet Mwasinga and Tapiwa Kapomdeni and son in law Sean Kampondeni

Bank Accounts
National Bank (as of 20/07/2020)
(a) Current Account – K6, 011, 057.81
(a) Savings Account – K3, 887, 200. 57

Standard Bank
(a) Current Account – K990, 500.42

TOTAL VALUE OF ASSETS DECLARED – K272 MILLION