How BOPEU is losing millions

BOPEU headquraters at the new Central Business District
BOPEU headquraters at the new Central Business District

The minutes of Babereki Investments board meeting has revealed that for the past 11 months the company has been making losses of close to P3.8 million.

This is the period before and after the current suspended executive chairperson of the company Andrew Motsamai was employed. Motsamai assumed the position on February 2017. He was given 10 days leave of absence on Wednesday. This follows talks of rampant abuse of resources and poor business decision at the Babereki Investments, a commercial arm of Botswana Public Employees Union (BOPEU).

It is alleged that over millions of pula went down the drain via multi-million investments at Future Sustain International (FSI) and Fly Mission Services (FMS). It is alleged that he funded the Umbrella for Democratic Change (UDC) with undisclosed amount, an allegation that he denies vigorously.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

Have a Story? Send Us a tip
arrow up