Lobtrans Liquidation Postponed

They said their client had just furnished them with papers on Friday morning in which they oppose liquidation. The case was postponed to April 3 and Justice Ian Kirby advised the parties to file their papers on time. Attorneys for Barclays Bank Botswana who took Lobtrans to court said that they want the joint liquidators to involve creditors. Kirby advised them to make an application to the court so that a decision could be taken. 

There have been reports of looting at the Lobtrans compounds in Lobatse and Gaborone.