Ex-CMB Director's Property To Be Auctioned

Monday, June 07, 2021

Former director of the troubled Capital Management Botswana (CMB), Rapula Okaile’s property has been put under the hammer following a legal battle with the Non-Bank Financial Institutions Regulatory Authority (NBFIRA).

Okaile was the chief executive officer (CEO) of the asset management company, CMB, which is now under liquidation.

He has had a long run-in with the law facing accusations of fund mismanagement of security institutions, criminal charges, and civil suits in his capacity as director of the embattled firm.

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Ex-CMB Director's Property To Be Auctioned

Former director of the troubled Capital Management Botswana (CMB), Rapula Okaile’s property has been put under the hammer following a legal battle with the Non-Bank Financial Institutions Regulatory Authority (NBFIRA).

Ditlhokwe returns after long term injury

Gov’t limits Limpopo crash victims’ burial attendance

Champagne time for Young Stars?

Botswana editors forum calls for greater inclusivity and consultation

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

Stakeholders must step up veggie supply