Mmegi

CMB, Okaile face 61 counts in fresh P450m BPOPF loot storm

Friday, March 06, 2026 | 520 Views |

Fresh charges have been levelled against former director of Capital Management Botswana (CMB), Rapula Okaile, who is now facing 61 counts related to the alleged misappropriation of funds belonging to the Botswana Public Officers Pension Fund (BPOPF).

Rapula is charged with CMB and its sister company, CMB Fund 1. At the time the alleged offences happened, from 2017, CMB was managing assets for BPOPF.

The charges relate to the handling of funds entrusted to the company to manage the pension fund’s assets, and the former director is left to face the storm alone after his co-director, South African businessman Timothy Marsland, allegedly took his life around April 2025.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

crime

Higher and higher: The cost of living remains at elevated levels due to the broader economic contraction PIC MORERI SEJAKGOMO

Food inflation slows but...

Mbongeni Mguni | 18 h ago

Former UB lecturer has a case to answer

Larona Makhaiza | 18 h ago

No BR procurement involving Project Office at OP

Goitsemodimo Kaelo | 1d ago

Gov't suppliers owed P3.6bn

Mpho Mokwape | 1d ago

Mabeo goes after ‘cyberbully’

Innocent Selatlhwa | 1d ago

Nephew arrested for allegedly killing Aunt in Tobane

Pini Bothoko | 1d ago

Pension funds back economic shift

Kabelo Boranabi | 1d ago

Choppies warns of profit dip as consumer spending drops

Lewanika Timothy | 1d ago

Use social media to build, not destro

It is a warning flare to every Motswana who logs onto social media. As a country, we have reached a point where the line between robust debate and outright destruction has become dangerously blurred. At face value, Mabeo’s response, which seeks an apology and threat of a defamation suit, might seem severe to some. But we cannot ignore the context. The comment in question did not offer a policy critique or question a political decision.It...

The Monitor Editor | 24 March 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More