Seretse's transactions exposed

Oarabile Mosikare | Friday December 22, 2017 12:59

 

These are bank accounts of interest to the investigation of the DCEC regarding Seretse and two others for money-laundering. Seretse, Botho Leburu and Kenneth Kerekang were recently granted bail by the Gaborone Regional Magistrate and will appear in court on January 25, 2018 for mention.

The corruption busters are also trying to establish links and inter-links, to chase the movements of funds in and out of either bank accounts or all of them. It also shows that the scope of the DCEC investigation is widening. On December 13, 2017 before Justice Godfrey Radijeng, the Directorate of Public Prosecutions (DPP) applied for the ex parte application against Seretse’s properties and credit account balances.

Information about money transfers and all as formally admitted into evidence so that the State could tender it at the trial. This includes a positive balance of P69,734,260 credit of call account held by Khulaco (Proprietary) Limited with Capital Bank as at November 30, 2017. Khulaco is a company belonging to Seretse.

There is an amount of P118,945,045.70 telegraphically transferred on November 21, 2017 to Dignia System Limited, a security technology company in Israel. This was the money paid for anti-poaching equipment by the Directorate of Intelligence and Security (DIS).

There is also a balance of P10, 881,199.64 standing to the credit call account held by M&B Properties with Capital Bank as at November 30, 2017. There is also another balance of P199,971 credit of current account held by M&B Properties with Capital Bank as at November 30, 2017.

Another positive balance of P430,000 stands to the credit account held by Seretse with First National Bank Botswana. (FNBB).

There is another positive balance of P384,600.30 standing to the credit account held by Seretse with FNBB.