Embattled socialite Dorothy Shonga a.k.a Cash Madam is in more and more trouble after she was arrested over charges of fraud.
Dorothy owns D.C Brand Cloud, a Malawian branding and marketing company. She is in trouble after she reportedly failed to honour payments made to her by making the necessary supplies and this is likely to make her face life in jail.
Dorothy was reportedly obliged to supply golf shirts to Malawi Energy Regulation Authority (MERA) at MK75,000 (approximately 375,000 Uganda Shillings) each of which is a gross misrepresentation of the actual price. On the local market, the same golf-shirt ranges between MK10,000 to MK20,000 (50,000-100,000 Uganda shillings) each. This is what has landed her into hot soup.
Section 42 of Malawi’s Financial Crimes Act passed in 2017 hugely condemns money laundering, corruption and fraud while section 331A (1) of the Penal Code Act states that “any person who engages in money laundering shall be guilty of an offence and shall be liable to a fine of K2,000,000 (Approximately UGX10,000,000) and imprisonment for ten years”. As a result, Cash Madam is required to defend herself in court, or else she and her fellow accomplices will be in real jail trouble.
Dorothy and her co-accused were hence remanded to prison until 31st July 2020 when they will reappear before the justice.