Chain store denies P150m CMB investment
Friday, July 17, 2020
In its repeated statements and court filings in which it argued that it properly invested the P427 million allegedly misappropriated from the BPOPF, CMB has frequently cited an investment of P150 million in Kawena.
The asset management firm, which had an original P500 million investment mandate from BPOPF, says the funds in Kawena were invested for the establishment of a supermarket chain in Botswana.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...