More details are emerging on the gross of over expenditure by the - TopicsExpress

More details are emerging on the gross of over expenditure by the management of the Electricity Supply Corporation of Malawi Limited (ESCOM). Inside sources confided in Capital FM that the number of Toyota Fortuners’ and Nissan Pathfinders to be procured is almost 41 and not 33 as earlier planned. This means the expenditure is beyond the initial figure of K1.4 billion. ESCOM management is now facing heavy criticism from consumers on its decision, as the ailing parastatal is failing to provide dependable electricity to homes and businesses. According to our sources, a brand new transformer costs K2 million meaning the K1.4 billion could have been enough to procure at least 677 electricity transformers

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