The art of walking away with P400m

Friday, April 13, 2018

Civil servants during their historic 2011 strike. Now their pensions hang in the balance

On Tuesday, Judge Omphemetse Motumise holds the hopes of about 170,000 public servants in his hands when he delivers judgement in a matter revolving around more than P400 million in disputed pension funds. Even if the pension fund wins, Staff Writer, MBONGENI MGUNI finds that little will be recovered, if at all

A stroke of a pen was enough.

The months the Botswana Public Officers’ Pension Fund (BPOPF) has spent in boardrooms, at the High Court and elsewhere in a death fight with its former fund manager and partner, Capital Management Botswana, boil down to the stroke of a pen.

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The art of walking away with P400m