Financial scammers elude the law- experts
Friday, June 12, 2015
Fern
Speaking at a breakfast seminar hosted by the Association of Botswana Financial Advisers (ABFA), Richard Harriman of Consumer Watchdog said without proper laws in the country, consumers continue to be exposed to fraudsters on the prowl.
Harriman said that many gullible Batswana are being hoodwinked into joining scams that promise them high returns while in actual fact they are fraudulent schemes.
Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...