Moagi, the alleged classic laundering techniques :: Mmegi Online

In an affidavit filed as part of an ex parte application by the Director of Public Prosecutions (DPP), investigators allege that former Minister of Mineral Resources, Green Technology and Energy Security, Lefoko Maxwell Moagi, orchestrated a carefully layered scheme to disguise the source of funds used to acquire livestock money they believe originated from entities with business before his ministry.

At the centre of the allegations is a seemingly ordinary purchase of cattle, but according to Principal Anti-Corruption Officer Tendani Christinah Setume of the Directorate on Corruption and Economic Crime (DCEC), the transaction was anything but ordinary. Setume reveals in her sworn affidavit that this was not a straightforward commercial purchase. Her affidavit alleges that it was a transaction characterised by third-party payments, false identities, cash deposits, and a later attempt to re-characterise the payments as a loan.

A minister, a tender and a favour asked

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