None
TL
Malawi wins right to recover K824bn from TotalEnergies: Unpaid fuel refunds
['Nyasa Times']
Malawi Nyasa Times – News from Malawi about Malawi
Malawi’s Government and Prima Fuels Limited have been given the green light by the High Court’s Commercial Division in Lilongwe to recover fuel supply refunds owed by TotalEnergies Marketing Limited, covering a six-year period from 10 July 2013 to 11 July 2019, after the court found the company had breached a fuel supply agreement.
The Malawi Government, acting through the Ministry of Finance and Economic Planning and represented by Attorney General Frank Mbeta, is claiming K824 billion – roughly US$180 million – relating to unpaid rebates owed to the state, while Prima Fuels Limited is separately pursuing a claim worth US$300 million.
‘Every monthly payment from today going backwards for six years would be within the limitation period,’ the judge said.
‘And every monthly payment unpaid going beyond six years backwards would be caught by the statute.’
TotalEnergies Marketing Limited, named as the first defendant in the case, was represented in court by Mordecai Msisha SC, Patrice Nkhono SC, and Alfred Majamanda, while Prima Fuels Limited’s case was argued by Wapona Kita.