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A report about worth of former president of the republic of Malawi Joyce Banda has been brought to light, zoadiak online has established.

The asset declaration exercise which the ex president carried out on 30th december 2014 indicate that she owns over 70 vehicles.

To clear her name from getting the vehicles in a corrupt manner, Joyce Banda said that the cars were donated by well wishers through her Joyce Banda foundation charity organisation. Being the founder of People’s Party (PP) she donated 60 of the cars to the party, she admitted not clearing taxes which are paid over imported goods with Malawi Revenue Authority.

The first female president is also said to have got a K100 000 000 loan from national bank of Malawi and her husband, retired chief justice Richard Banda did likewise. She also has an account in the United States of America which is worth over $45 000.

Joyce Banda foundation Secondary School which also offers international curriculum and located in Chimwankhunda, Blantyre, is said to be worth K145 000 000.

Revelations about a K300 000 000 mansion currently under construction in Chintheche Nkhata Bay, where her husband hails from, have also been made.

Her declaration bears witness to her response to ex Zodiak reporter’s remarks, Pilirani Phiri during a press conference that was held at Sanjika palace where she said money is not a problem to her, therefore people should stop perceiving her as a thief.

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