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Bakili Bullets previous executive committee stunned their predecessors on Monday evening when it failed to produce handover financial records to the new executive, forcing the latter to give them a seven-day ultimatum.
Bullets’ general secretary Willie Phalula said the new brass was taken by surprise to learn at the venue of the meeting in Blantyre that the old guard had not brought financial and administrative records when they were told in advance that this was supposed to be a handover meeting.
“These people were not ready because just when we were about to get into serious business, it was established that both the secretariat and the treasury did not bring records for handover yet they knew the purpose of the meeting,” said Phalula.
The Bullets spokesman said the previous committee comprising former chair Hassam Jussab, former general secretary Ophman Kondowe, ex-vice general secretary Ibrahim Patel and former treasurer Isaac Nkuwo who is vice chairman in the present committee, went to the meeting empty-handed.
“I wonder what they were coming there for if they did not bring the records. We first asked them if they had brought audited accounts and the response was that they did not have a copy.
“We also asked them if they had brought cheque books, administrative files and if at all they had a list of creditors and the amount owed and they said some of the documents were with other members who were not present and we felt there was no reason to continue with the meeting,” explained Phalula.
He said to that effect, the previous committee has given seven days to prepare the handover records.
Phalula also said during the meeting it was established that two of the clubs bank accounts with First Merchant Bank (FMB) and Stanbic Bank were frozen through garnishee order.
According to the sixth edition of Black’s Law Dictionary, a garnishee order is a process where a plaintiff creditor seeks to subject to his or her claim the property or money of a third party owed by such party to a defendant debtor.
This usually happens when an individual or institution fails to service debt owed to other parties and those parties usually get such orders from the court to freeze accounts.
“We were told that the only remaining operational bank account is at National Bank of Malawi (Zomba Branch) and they are not sure as to whether there is any money,” said Phalula.
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