Morupisi: How far does the rot go?

A day after flamboyant asset manager, Bakang Seretse was arrested for making payment to an Israeli security firm, Dignia Systems for Directorate of Intelligence and Security (DIS) spying equipment, now suspended Permanent Secretary to the President (PSP) Carter Morupisi allegedly instructed Botswana Public Officers Pensions Fund (BPOPF) to terminate Khulaco contract.

The DIS, through Khulaco owned by Seretse, paid Dignia Systems $11.2 million on November 9, 2017. The instructions came even before the BPOPF Board could properly be convened to consider the matter.

Those close to the deal say the authorisation was notwithstanding the presumption of innocence that the Constitution accorded Seretse and the fact that the Israel transaction was properly agreed and known to the Office of the President.

Editor's Comment
Consult, get buy-ins first for 6 to 6 policy, Hon Minister

While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...

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