13/10/2025
I repaid mega farm loan in full-Chilomba
Documentation we have seen shows that acting Director General of the Anti-Corruption Bureau (ACB) Hilary Chilomba paid in full the K113.7 million loan that he got through the Mega Farm project under the Ministry of Agriculture.
The Mega Farm project is a government initiative which is run by the Ministry of Agriculture through the Mega Farm Support Unit Department in partnership with the Malawi Agriculture and Industrial Corporation (MAIIC).
The social media has since yesterday been awash with documents showing the list of people who got loans from the project.
In the loan, Chilomba got 800 bags of fertiliser (Urea and NPK), totalling K83.2 million, maize seed valued at K16 million, pesticides and chemicals at K6.6 million. This translated to a principal loan of K105.8 million, while interest charged, by June 2025, amounted to K7.9 million.
Documents show that on seven separate occasions in August 2025, Chilomba supplied 117 820 kilograms of maize as loan repayment through the National Food Reserve Agency (NFRA).
A separate letter from MAIIC acting chief executive officer Lloyd Banda on August 20, confirms that Chilomba made the said supply, and his balance had been cleared.
It reads: “We refer to your financing facility under the Malawi Agriculture and Industrial Corporation Plc (MAIIC), administered through the Mega Farms Department, and the subsequent maize deliveries made to the National Food Reserve Agency (NFRA) in line with your off-take agreement.
“We are pleased to confirm that MAIIC has received the full value of the maize delivered (totalling 117, 820kgs) and that the corresponding proceeds have been applied towards the full settlement of your outstanding loan balance. Accordingly, your loan account is now fully cleared and closed, with no further obligations on your part under this facility.”
In an interview, Chilomba decried continued misinformation on social media regarding the loan repayment, saying, “Some people are just trying to dent my image and score political mileage.”
Report by Joseph Mwale