Ngakaagae rubbishes case against Seretse
Thursday, December 28, 2017
Seretse and two others are facing money-laundering charges before the Regional Magistrate's Court. He made an urgent application to contest what Ngakaagae has branded "a stolen restraining order granted by Justice Godfrey Dijeng few weeks ago". The Directorate of Public Prosecutions (DPP) few weeks ago was granted an order to have Seretse's properties and credit account balances placed under restraining and should not be disposed of.
He said the Directorate of Intelligence and Security (DIS) asked for funding from the National Petroleum Fund to build strategic fuel storages across the country. The P250 million was approved by the Department of Energy. He said there is a correspondence from the DIS director Isaac Kgosi instructing Kenneth Kerekang a director at the Department of Energy to release funds to Khulaco (PTY) Ltd.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...