BoB suffers setback in P28m legal dispute
Friday, September 18, 2015
Moses Pelaelo
The fraud charges stem from allegations that after the default judgment was issued on the basis that a notice to defend the matter was not filed on time, Collins Newman & Co then allegedly went on to forge court stamps to make it appear as if such action had been taken.
In a ruling made at the Gaborone High Court on Wednesday, Justice Zain Kebonang threw out persuasions by the central bank’s lawyers to have the forgery charges dealt with separately either by the Law Society of Botswana or a prosecuting authority while the court confine itself to dealing with legal arguments.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...