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Malawi Brags of Belt and Road Amid Deals With China Firms on World Bank Blacklist

By Matthew Russell Lee, Patreon Maxwell Book
BBC-Guardian UK - Honduras - ESPN NY Mag

SDNY COURT / NYC, April 23 – At the IMF / World Bank Spring Meeting, the finance minister of Malawi Sosten Alfred Gwengwe was present. He spoke about China's participation in his country's economy and private sector, as did other ministers on the panel. 

 But it is reported that at least two Chinese companies on the World Bank's own corruption black list continue to get large contracts from the Malawi government: China Geo Engineering Corporation and China State Construction Engineering Corporations, with recent contacts for water and road work. 

 Previously the minister of finance of Malawi was arrested for reporting falsified data to the IMF, and for irregularities in the privatization of Malawi Savings Bank.

But did the use of Chinese firms on the World Bank's fraud blacklist come up at the meetings? Inner City Press is asking. Watch this site.  


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