Graft-busting agency fails to take off

The fraud-busting agency would have been capable of prescribing fines of up to P1 million for organisations and individuals responsible for fraud and other financial crimes, either by commission or omission. It would also have referred cases to the Botswana Police Service and the Directorate on Corruption and Economic Crime, while working in tandem with a spectrum of judiciary, legal and financial bodies.

On Monday, Finance and Development Minister, Kenneth Matambo announced that plans for the Agency had been suspended, owing to the diminished national purse, which took a knock from last year's recession and this year's slow recovery.