Law firm fails conflict of interest test in BTC privatization

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The law firm of Monthe Marumo and Company failed to declare a conflict of interest in the privatisation of Botswana Telecommunications Corporation (BTC), the Minister of Transport and Communications, Tshenolo Mabeo has told Parliament.

The company provided lawyers to advise BTC and Botswana Fibre Networks Limited (BOFINET) in the transaction, causing a conflict of interest. “Neither BOFINET nor BTC were aware of this conflict until March 30, 2015.

The onus on declaring conflict of interest lies with the law firm. In this case, no conflict of interest was declared by Monthe Marumo and Company incorporating Molatlhegi and Associates,” Mabeo told Parliament.

Editor's Comment
Don't let FMD outbreak drag on

Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...

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