BoB wins bid to rescind P28m default judgment

Bank of Botswana (BoB) has successfully overturned a P28 million-default judgment granted against them to the creditor of the collapsed Kingdom Bank.

BoB has had its property attached following the default judgment against them to EBC Guernsey and allegations of fraud were levelled against them after they failed to file appearance to defend.

Yesterday, Gaborone High Court judge, Justice Zein Kebonang granted the bank the rescission application. Kebonang said though the BoB and its attorneys, Collins Newman were guilty of fraud, as they had admitted, he had satisfied himself and based his judgment on the Court of Appeal (CoA) findings to rescind the application.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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