Lloyd Banda

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Lloyd Banda is the acting chief executive officer of the Malawi Agriculture and Industrial Investment Corporation (Maiic), who has publicly addressed the financial crisis surrounding the Mega Farms Initiative, revealing the staggering debts owed to suppliers and raising concerns about mismanagement within the program.

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Lloyd Banda disclosed that since the programme’s inception in 2023/24, it has received only K22.4 billion.

Was Mega Farms Initiative a Scam? The story of Billions Missing, Suppliers Unpaid, and Farmers Abandoned - Malawi Nyasa Times

Nyasa Times – popular Malawian online publication·

Malawi· 2025-10-16

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