More audit bombshells at BAMB
Friday, May 15, 2026 | 320 Views |
Revelations: More audit bombshells continue to spill out at BAMB PIC: BAMB
The latest revelations come after the recent Auditor General report flagged P197 million in unaccounted for funds at BAMB. The funds were disbursed by government to BAMB to help procure produce from local farmers in order to restock the Strategic Grain Reserves.
On Monday, appearing before Parliament’s ongoing Statutory Bodies proceedings, Scheepers painted a troubling picture of an organisation crippled by weak internal controls, poor accountability, deteriorating infrastructure, and widespread negligence.
“Law and order are the medicine of the body politic and when the body politic gets sick, medicine must be administered.”– B.R. AmbedkarThe amount of money at play threatens to test the integrity of the country’s financial system, giving more reason to why the courts must be fully given leeway to lean on the matter and reach a conclusion.Botswana has spent decades building her reputation as a stable and credible financial jurisdiction.The...