CMB clears the air

Rapula Okaile. PIC MORERI SEJAKGOMO
Rapula Okaile. PIC MORERI SEJAKGOMO

Attempted murder, character assassination, defamation, fraud, negligence, and cover up after cover up after cover up – this is the truth behind the moves to shutter and board Capital Management Botswana (CMB), all to prevent the exposure of wholesale negligence of some of Botswana’s most powerful executives.

What follows is a tale of spectacular negligence, as well as financial wrong- doing on a breathless scale, resulting in losses of hundreds of millions of Pula, not only for pensioners, but for local and foreign investors as well, as well as thousands of jobs.

At the centre of the debacle are some of Gaborone’s top lawyers, as well as senior corporate executives controlling billions of Pula of investments. At the epicentre is the Botswana Public Officers Pension Fund (BPOPF), run by the controversial Chief Executive Officer (CEO) Boitumelo Molefe.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

Have a Story? Send Us a tip
arrow up