BoB drops bid to contest fraud allegations

Thursday, October 22, 2015

Bank of Botswana (BoB) has dropped their bid to contest the fraud allegations levelled by EBC Guernsey, despite maintaining that the bank is not liable to any artifice.

Yesterday the bank, through a consent order with EBC, agreed not to contest proof of fraud from the finance company that included evidence of an expert witness.

The court had last month referred the matter for oral evidence after the bank was accused of forging a High Court stamp on their court documents filed on the basis of appearance to defend.

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BoB drops bid to contest fraud allegations

Bank of Botswana (BoB) has dropped their bid to contest the fraud allegations levelled by EBC Guernsey, despite maintaining that the bank is not liable to any artifice.

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Serowe man 'loses' P1m in trading

Inspect the voters' roll!