Pula Steel, the crown jewel of BCL�s Polaris II
Friday, October 23, 2015
Pula Steel was officially opened this week
This was a confirmation of the company’s intent to dispel the sundown outlook that haunted BCL for many years.
Polaris 11 is a corporate strategy that aims to expand BCL’s portfolio by leveraging the company’s technical capacity in mineral extraction and processing, with one of the anchor pillars being the development of iron production circuit.
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...