TNM CEO Eric Valentine Using Wife’s Company As A Conduit To Finance Chilima’s UTM
TNM CEO Eric Valentine sponsoring UTM through wife’s company
Malawi’s leading mobile communication company TNM Chief Executive Officer Mr. Eric Vincent Valentine is on record to be milking millions of Kwacha from the company, and using the same money to finance one of the newly established political party, United Transformation Movement (UTM), this publication can reveal.
According to our investigation, TNM Chief Executive officer is on record to be siphoning millions of money from the company he is the top most boss through SPCA, a veterinarian company Owned by his wife.
When money from TNM enters into the account of SPCA as facilitated by Valentine, his wife makes withdraws and channels the money to United Transformation Movement of Saulos Chilima.
As we publish this, TNM indirectly through SPCA has bought UTM two minibuses, five Nissan hard bodies, paid accommodation for some of UTM officials in the recent rallies, hired the stage which UTM has been used and paid some good millions in printing of UTM materials in SOuth Africa, which are yet to arrive in the country this coming weekend.