BoB wins bid to rescind P28m default judgment

BoB has had its property attached following the default judgment against them to EBC Guernsey and allegations of fraud were levelled against them after they failed to file appearance to defend.

Yesterday, Gaborone High Court judge, Justice Zein Kebonang granted the bank the rescission application. Kebonang said though the BoB and its attorneys, Collins Newman were guilty of fraud, as they had admitted, he had satisfied himself and based his judgment on the Court of Appeal (CoA) findings to rescind the application.