Court extends freeze on Amaryllis owners’ funds
The High Court of Malawi has ordered the continued restriction of funds belonging to Yusuf Investments Limited,owners of Amaryllis Hotel.This comes as investigations into the hotel’s sale and related financial transactions continues.Justice Redson Kapindu has made final the Anti-Corruption Bureau’s (ACB) restriction notice, which was initially renewed on an interim basis on July 8, 2026,...Amaryllis Hotel·Amaryllis Hotel acquisition