MPs freeze BDC�s P1bn spending spree

Marole
Marole

A Parliamentary committee on Wednesday slammed the brakes on Botswana Development Corporation’s (BDC) fast-tracked plans to secure P1.075 billion in government guarantees for investments in several local entities.

The Parliamentary Committee on Statutory Bodies chaired by Samson Moyo Guma spoilt the moods of BDC managing director, Bashi Gaetsaloe and board chairperson, Blackie Marole, with legislators accusing them of being “dishonest” and “economic with the truth”.

This was after the duo appeared to issue contradicting statements when appearing before the committee members Setlhomo Lelatisitswe, Pius Mokgware, Kefentse Mzwinila and Phenyo Butale whom they had to convince that the guarantees were going towards sound investments.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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