Tuesday, May 21, 2013

Malawi: Banda administration auctions off presidential jet - in keeping with president's promise

Malawi President Joyce Banda

Malawi's presidential jet has been auctioned off to a Virgin Islands company for US$15 million, after the cash-strapped government disposed of it to raise funds, an official said Tuesday.

Bohnox Enterprise Ltd beat three other bidders for the 14-passenger aircraft used by former president Bingu wa Mutharika, who died last year.

"We have accepted their offer and we are waiting to hear from them," cabinet clerk Ernest Katchetche said in a

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