Malawi’s presidential jet Finally Auctioned
By Amalawi - Tue May 21, 3:30 pm
BLANTYRE, Malawi — Malawi’s presidential jet has been auctioned off to a Virgin Islands company for $15 million, after the government put it on sale to raise funds.
“We have accepted an offer from Bohnox Enterprise Ltd and we are waiting to hear from them,” cabinet clerk Ernest Katchetche said in a statement.
Bohnox Enterprise Ltd beat three other bidders for the 14-passenger aircraft used by president Bingu wa Mutharika, who died last year.
The 15-year-old Dassault Falcon 900-EX had been described as being in “perfect flying condition”.
Mutharika’s successor, President Joyce Banda, decided to sell the aircraft and a fleet of luxury cars used by the big-spending leader.
The government initially set the price at $20 million.
Mutharika controversially acquired the jet for $22 million in 2009, calling it “an asset” for his impoverished country.
Maintainance and insurance for the aircraft reportedly cost the state $300,000 a year.
Britain, which is Malawi’s main bilateral donor, criticised the purchase of the jet and reduced its aid budget by three million pounds ($4.4 million, 3.6 million euros).