Malawi loses K700m in NOCMA cyber heist

Nocma Loses K700 Million in Cyber Fraud

ShareBy Malawi Freedom NetworkAugust 25, 2026 The National Oil Company of Malawi Limited (Nocma) has lost US$403,605—equivalent to about K700 million—to cyber fraud after criminals allegedly impersonated a Mozambican company responsible for handling fuel shipments at the Port of Nacala. Nocma has confirmed the incident, saying the Malawi Police Service and Bank of America have… The post Nocma Loses K700 Million in Cyber Fraud After Hackers Imper…

NOCMA Probes US$403,605 Suspected Fraudulent Payment

By Rahim Abdul The National Oil Company of Malawi (NOCMA) has launched an investigation into a suspected fraudulent payment of US$403,605, equivalent to about K700.6 million, made to an account allegedly provided by a fuel-handling contractor. NOCMA says it is working with the Malawi Police Service and Bank of America to establish what happened to […] The post NOCMA Probes US$403,605 Suspected Fraudulent Payment appeared first on 247MALAWI NEWS.

Malawi loses K700m in NOCMA cyber heist

This article was originally published on Malawi24">Malawi24, Malawi's #1 independent news platform. NOCMA has been duped K700 million in fuel procurement Read the full article and more Malawi news at Malawi loses K700m in NOCMA cyber heist">Malawi24 — Breaking news, politics, business, sport and entertainment from Malawi and Africa, updated 24/7.

National Bank of Malawi wired funds to fake account in Nocma cyber‑fraud case - Featured News Malawi

The National Oil Company of Malawi (Nocma) has been left red‑faced after cyber‑criminals tricked the state fuel importer into wiring $403,605 (about K700 mil... Read the latest breaking news on Nyasa Times.