High Court unlocks govt's funding freeze on BCL
Friday, April 12, 2019
Dixon-Warren and government, which is BCL’s single biggest creditor and former sole shareholder, have been engaged in an increasingly bitter dispute over the path out of liquidation and high costs of the process.
Government, particularly the minerals minister, has come under intense pressure in Parliament for pumping P1.1 billion into BCL’s liquidation, with legislators accusing Dixon-Warren of dragging out the process in order to make a killing out of the liquidation. Dixon-Warren has said the costs were associated with continuing care and maintenance activities, as well as various studies and developments required to maintain and present a saleable asset to potential investors.
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...