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Botswana Post traces missing millions

Botswana Post Head office
Botswana Post Head office

The Chief Executive Officer of Botswana Post, Thabo Mzwinila, says most of the P59 million that was reported missing from the post's trust account has now been traced and accounted for.

Mzwinila told the Parliamentary Committee on Statutory Bodies and State Enterprises yesterday that investigations and reconciliation processes conducted by Botswana Post had helped the organisation recover and trace the majority of the funds that were initially believed to be missing.

“We have managed to trace the funds and reconcile the books,” Mzwinila told the committee during the session.

Editor's Comment
Let the courts follow the money

“Law and order are the medicine of the body politic and when the body politic gets sick, medicine must be administered.”– B.R. AmbedkarThe amount of money at play threatens to test the integrity of the country’s financial system, giving more reason to why the courts must be fully given leeway to lean on the matter and reach a conclusion.Botswana has spent decades building her reputation as a stable and credible financial jurisdiction.The...

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