CMB money trail leads to cases against Gaolathe, others

CMB, an asset manager firm now under liquidation shot into the national spotlight in 2018 when the BPOPF alleged directors there had manipulated a 2014 agreement to shifted pension funds to unclear investments and companies.

Gaolathe, who is also the former Member of Parliament for Gaborone Bonnington-South, first surfaced in the matter from documents subsequently unearthed by statutory managers engaged by the Non-Bank Financial Institutions Regulatory Authority (NBFIRA).