BoB wants P28m default judgement quashed

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In an attempt to overturn the default judgement which compelled it to pay P28.5 million to a creditor of collapsed Kingdom Bank, the Bank of Botswana (BoB) has persuaded the court to declare the judgment null and void.

Senior counsel for BoB, Christopher Loxton, in a legal battle that took two days before Justice Zein Kebonang of Gaborone High Court, said the judgment was subject to review as it was not given legally.

He argued that the judge under certain rules and orders of the High Court had the powers to review the judgment and declare it null and void because it was not given by the learned judge but rather by a Registrar.

Editor's Comment
UDC gov’t should avoid past regime’s pitfalls

High Court Judge, Michael Leburu, said it was a fallacy for the State to say the funds being interest from the funds taken from Seretse and his companies, Khulaco (Pty) Ltd, M & B Properties (Pty) Ltd, belonged to the bank not him to play claim to it.The story presents baffling yet wasteful realities under the previous regime. While litigation by governments is important for upholding the rule of law, ensuring accountability, and fulfilling legal...

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