East Bridge Wins Court Battle Against ACB Over Restriction on Tobacco Stocks
East Bridge has secured a significant legal victory against the Anti-Corruption Bureau (ACB) after the High Court of Malawi set aside a restriction notice that prevented Limbe Leaf Tobacco Company from dealing with tobacco belonging to the company. The ruling, delivered on Wednesday by High Court Judge Redson Kapindu in chambers in Lilongwe, effectively lifts […] The post East Bridge Wins Court Battle Against ACB Over Restriction on Tobacco Stocks appeared first on Malawi Nya
The High Court of Malawi has ruled in favor of East Bridge, overturning a restriction notice issued by the Anti-Corruption Bureau (ACB). This legal decision allows Limbe Leaf Tobacco Company to resume dealings with its tobacco stocks. The ACB had previously prohibited the company from engaging with its tobacco assets.
This ruling is significant as it clarifies the ACB's authority in restricting business assets and impacts the operational freedom of companies involved in trade.
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