BPOPF battles to retrieve P477m from CMB
Friday, December 15, 2017
Molefe
BPOPF is reported to have terminated CMB mandate after investigations revealed that the fund manager flouted agreed investments policies and guidelines.
Industry insiders say the contract was terminated on October 30, 2017 with an order for the fund manager to return all assets, but CMB has not complied with BPOPF’s demands.
‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...