FAKE NEWS: Business tycoon Dr Mpinganjira refutes giving Mike Chilewe K20 million bail out

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Business magnate Dr Thom Mpinganjira has refuted reports making round in social media platforms that he has blessed Mike Chilewe, owner of the now-defunct Mike’s Trading Group, with K20 million.

Mpinganjira’s daughter Chikondi Annabel refuted the claims in an interview with Nation Online.

According to Annabel, the reports are fake.

Chilewe confessed in a recent interview with Mibawa Television that he is now a poor man, who doesn’t even have a car, after his company went bankrupt a few years ago.

“I once used to fly business class during my business trips but now I walk on foot as I don’t even have a car. I always appreciate and thank God when someone gives me even K10 000,” he explained.

“But, just like the Biblical Job, I do not lose heart because I know one day I will be rich again.”

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