Mmegi Online :: Kgosi to answer for his role in NPF loot
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Last Updated
Friday 21 September 2018, 15:09 pm.
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Kgosi to answer for his role in NPF loot

Isaac Kgosi, Director General (DG) of Directorate of Intelligence and Security (DIS) has been summoned to appear before the parliamentary Public Accounts Committee (PAC) on Thursday to answer for his role in the National Petroleum Fund (NPF) corruption scandal.
By Staff Writer Wed 11 Apr 2018, 16:00 pm (GMT +2)
Mmegi Online :: Kgosi to answer for his role in NPF loot








Kgosi and DIS are at the centre of a deal amounting to P250 million that was intended for the construction of fuel storage tanks but ended up in Israel and other countries in a case of suspected money laundering. 

Yesterday former Minister of Mineral Resources, Green Technology and Energy Security, Sadique Kebonang, who was also subpoenaed to give evidence to the PAC reviewing the National Petroleum Fund (NPF) corruption scandal told the committee that he approved the variation of the funds from the NPF because he was told that national security was at stake by Kgosi.

He said that Kgosi and his organisation, the DIS are feared by all. He said that

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it was unfortunate that people are now facing criminal charges while they thought they had acted in line with the Fund by allocating the money to DIS and subsequently approving the variation request. 

On Monday Kebonang’s former ministry’s acting permanent secretary, Obolokile Obakeng told the PAC that Kebonang placed considerable pressure on him to approve Kgosi’s request to change the purpose for which his department had taken P230 million from the NPF last August.

The mysterious NPF deal with Israelis is already a subject of court case of money laundering that is at the Magistrate Court involving Bakang Seretse, Botho Leburu, Kenneth Kerekang and company called Khulaco Pty Ltd.

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