Noose tightens around troubled CMB neck

Molefe
Molefe

Former judge, Peter Collins’ probe into the whereabouts of at least P177 million presently unaccounted for by troubled asset manager, Capital Management Botswana (CMB), has kicked into high gear, with reports that State security agencies could make their move next week.

Mmegi has learnt that while the State agencies, who have been probing CMB for at least six months, are eagerly tracking Collins’ probe, their own investigations could result in charges being preferred as early as next week.

The agencies, which include the Directorate of Intelligence and Security (DIS) and the Directorate on Corruption and Economic Crime (DCEC), are also reportedly on stand-by to help Collins “have access” in areas where tracing the funds requires State muscle.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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