DIS, NPF signatory non-existent - prosecutor

Friday, March 27, 2020

The prosecution in the ongoing National Petroleum Fund (NPF) case has told court that the person who is claimed to have signed documents on behalf of the Directorate of Intelligence and Security (DIS) with a local company, Basis Point Capital, never existed.

During submissions on Tuesday in relation to the State’s application for the forfeiture of assets order, State attorney Ernest Mosate said the NPF money that was allegedly laundered by Basis Point claiming to be in a contract with DIS was fraudulent.

“The respondents claimed that there was a contract between DIS and Basis Point, but the weird thing is that the person who signed on behalf of the DIS never existed in their database.

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DIS, NPF signatory non-existent - prosecutor

The prosecution in the ongoing National Petroleum Fund (NPF) case has told court that the person who is claimed to have signed documents on behalf of the Directorate of Intelligence and Security (DIS) with a local company, Basis Point Capital, never existed.

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