Lerala boss' trial kicks off in Australia
Friday, May 18, 2018
Russian-born Alexander, the sole director of the company which owned Lerala Diamond Mine, faces four counts of “issuing false and misleading statements to investors”. The charges relate to his dealings regarding Ellendale Diamond Mine, which at the time of the alleged offence was owned by Kimberly Diamonds, majority owned by Alexander. The four counts carry maximum sentences of five years in jail each and/or a fine of P252,000 each.
Australian Securities and Investments Commission national manager – media, Gervase Greene told BusinessWeek on Wednesday that the matter, which dates back to Alexander’s dramatic 2015 arrest at Sydney airport, had restarted.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...