Daisy Loo P34 million richer

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Daisy Loo Botswana will be more than P34 million richer if government releases the funds following the the outcome of the criminal case. According to the Parliamentary Public Accounts Committee (PAC) 2012 report, the balance as of April 2011 stood at P28,341,041.48. The closing balance as at Match 31, 2012 was P34,416,636.83, an adjustment of P6,075,595.35.

According to the report, government has placed the funds in three commercial bank accounts pending the final outcome of the case. The case came to a close in April this year, with Justice Lakhvinder Singh Walia setting aside both the conviction and sentencing of the six accused persons.

The six, Frank Molebatsi, Gilbert Sithole, Frank Stegling, Daisy Loo Company, Moemedi Dijeng and Sadi Abey, had appealed the suspended sentence by the then Regional Magistrate Barnabas Nyamadzabo for the bush clearing, tree trimming and grass cutting of the Segoditshane river bed. It has been reported that Daisy Loo and its judicial manager, John Hinchliffe, through their lawyers, Mack Bahuma Attorneys, have written to the Directorate of Public Prosecution Director, Leonard Sechele, demanding that the cheque be released to them. Mack Bahuma Attorneys stated that interns of the restraint order, which was granted by the Court of Appeal, the funds which is the subject of the case was to be kept in an interest bearing account under the control of the Auditor General and the DPP until finalisation of the criminal case.

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