Mmegi

Let the courts follow the money

The legal dispute between Alithea Investment and First National Bank Botswana over an alleged €500 million (approximately P7.8 billion) international transfer presents one of the most extraordinary financial cases Botswana has seen in recent memory.

“Law and order are the medicine of the body politic and when the body politic gets sick, medicine must be administered.”

– B.R. Ambedkar

Editor's Comment
Get back what was stolen, and lock the door

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...

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