BURS denies investigating Kebonang

Alongside asset manager, Bakang Seretse, the Judge was a director of Basis Point Capital in 2015 but later resigned when he joined the bench.  The company was reportedly awarded a tender to draft technical, advisory and financial strategy of the petroleum fund for a contract worth P15 million. It is reported that Kebonang was paid a fee of P1, 3 million.

According to the newspaper report, the Auditor General in March 2018 found that the company “had submitted incomplete bid and should have been disqualified”.  On Wednesday, the BURS Commissioner General, Ken Morris denied that BURS officials ever gave an interview to the newspaper concerning the affairs of Kebonang.