Ex-CMB Director's Property To Be Auctioned

Monday, June 07, 2021

Former director of the troubled Capital Management Botswana (CMB), Rapula Okaile’s property has been put under the hammer following a legal battle with the Non-Bank Financial Institutions Regulatory Authority (NBFIRA).

Okaile was the chief executive officer (CEO) of the asset management company, CMB, which is now under liquidation.

He has had a long run-in with the law facing accusations of fund mismanagement of security institutions, criminal charges, and civil suits in his capacity as director of the embattled firm.

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Ex-CMB Director's Property To Be Auctioned

Former director of the troubled Capital Management Botswana (CMB), Rapula Okaile’s property has been put under the hammer following a legal battle with the Non-Bank Financial Institutions Regulatory Authority (NBFIRA).

Athletics likely to go solo at Olympics

Amidst BFA fights, Sebego raises hand for presidency

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Fitness trainer, Zongwane breaks barriers

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Kwa Nokeng Oil sponsors young biker with P120,000

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