Kgori Capital tap runs dry
Friday, June 01, 2018
Its attorney, Busang Manewe has revealed this after the company put in an urgent application to be allowed access to part of its funds kept in its restrained account before Lobatse High Court judge, Justice Godfrey Nthomiwa.
Last month, the Directorate of Public Prosecution (DPP) made an application for restraining and forfeiture Orders in terms of Sections 39 and 11 of the Proceeds and Instruments of Crime Act. This is in relation to credit amount of P9,081,382.15 standing to the credit of the call account held by Kgori Capital with Stanbic Bank Botswana.
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...