'What money did we steal?'
Friday, August 03, 2018
The firm, now under the management of NBFIRA’s court appointed statutory manager, Peter Collins, says it is willing to cooperate with the probe but says the Botswana Public Officers Pension Fund (BPOPF) should accept that the funds were invested properly and the pension funds’ interest disposed off.
BPOPF invested P477 million in the Botswana Opportunities Fund managed and 1% owned by CMB. However, after a dispute last year, CMB triggered a clause in the two parties’ 2014 founding agreement and said it had sold the BPOPF’s interest to a third party for P50 million.
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...