High Court gives Phiri all his frozen money

Phiri
Phiri

The High Court in Lobatse yesterday granted Botswana born, South African based businessman Simbi Phiri of Khato Civils access to the remainder of all his frozen accounts, which were partially frozen by the Directorate on Corruption and Economic Crime (DCEC) last year.

The graft agency froze the accounts while investigating the source of Phiri’s funds, then P25 million in foreign currencies, in various accounts at Stanbic Bank.

Delivering judgment, Justice Michael Leburu also ordered that the respondents bear the costs of the application.

Editor's Comment
UDC's 100 Days: Please deliver your promises!

We duly congratulate them to have ousted the long ruling Botswana Democratic Party (BDP) from power. Prior to taking power from the BDP, the coalition had made several election promises that are credited for influencing change and swaying the people to vote in its favour.The party had made an undertaking, which its leader and President Duma Boko consistently bellowed in his campaign trail. These undertakings were promises that Batswana would be...

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