BPOPF caught in double standards?

Bakang Seretse. PIC. MORERI SEJAKGOMO
Bakang Seretse. PIC. MORERI SEJAKGOMO

When flamboyant asset manager Bakang Seretse was arrested in connection with contract by government contract to procure military equipment, the then chairperson of Botswana Public Officers Pension Fund (BPOF), Carter Morupisi immediately instructed BPOPF to terminate Kgori Capital’s management contract.

Fast-forward two years, Investec Asset Management Botswana which manages billions on behalf of BPOPF is in a similar situation but thanks to its foreign ownership it is being subjected to different rules. James Hatuikulipi, Managing Director of Investec Asset Management Africa has resigned amid a fishing scandal in Namibia. Hatukulipi to whom the local Botswana Managing Director Martinus Seboni reports to was a board member of Investec Asset Management Botswana.

Hatuikulipi was arrested late November 2019

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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