State fights to hold Seretse's millions indefinitely

The State through the Directorate of Public Prosecutions (DPP) yesterday argued its case before Gaborone High Court Judge, Godfrey Radijeng explaining that there have been difficulties in relation to the investigations in which the assets are believed to be proceeds of crime.

The civil forfeiture against Seretse’s  funds reportedly in the amount of P118 million from his companies Khulaco (PTY) Ltd, M&B Properties and Leomog Investments, which the State believes are proceeds of crime relate to the P230 million National Petroleum Fund (NPF) case. The assets have been held by the State since 2018 through a restraining Court order.