Malawian President Peter Mutharika has reportedly been rocked by a major corruption scandal just months into his second term.

The scandal surrounds the Public Service Pension Trust Fund’s $6.8 million November 2025 purchase of Blantyre’s Amaryllis Hotel.

Parliament and government agencies are probing the deal after independent assessors valued the property at only about $2.4 million.

The deal has especially outraged Malawians because it appears that about $4.2 million of pensioner savings disappeared.

–SABC–