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More audit bombshells at BAMB

Revelations: More audit bombshells continue to spill out at BAMB PIC: BAMB
Revelations: More audit bombshells continue to spill out at BAMB PIC: BAMB

New Botswana Agricultural Marketing Board (BAMB) CEO, Lillian Scheepers, has revealed extensive operational and financial irregularities within the state-owned grain marketing and food security institution.

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.

Editor's Comment
Let the courts follow the money

“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...

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