FDH Bank has withdrawn an injunction it obtained against Human Rights Defenders Coalition (HRDC) from implicating the bank and its owner Dr. Thom Mpinganjira in the alleged May 21 elections rigging.
Chief Executive Officer Dr. Thomson Mpinganjira obtained an injunction from the High Court in Blantyre restraining the Human Rights Defenders Coalition (HRDC) from releasing a report that among others implicates him and the bank in the alleged rigging of May 21 elections.
The injunction stated particularly against HRDC chairperson Timothy Mtambo, his vice Gift Trapence and other HRDC members from issuing the report dated 5 June 2019 in which they allege that Dr. Mpinganjira financed the 21 May 2019 election rigging plot.
In press statement dated July 14, 2019, the bank said that the injunction was not meant to stop HRDC from organizing demonstrations.
“Therefore, wishes to advise the public that FDH bank remains committed to serving Malawians professionally while adhering to the rules set by the regulator of financial institutions in the country, Reserve Bank Of Malawi (RBM),” reads the statement in part.