MCM, FNBB ink P500m five-year deal
Monday, December 12, 2022 | 430 Views |
Edwin Elias PIC: MORERI SEJAKGOMO
Through this partnership, FNBB has committed P500 million towards the MCM programme, which will provide exclusive access to funding for MCM Citizen-Owned Business Partners.
The objectives of the agreement are to leverage the mining value chain opportunities to support local business growth, increase citizen participation, diversify the economy and create sustainable job opportunities.
That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...