Noose tightens around troubled CMB neck

Molefe
Molefe

Former judge, Peter Collins’ probe into the whereabouts of at least P177 million presently unaccounted for by troubled asset manager, Capital Management Botswana (CMB), has kicked into high gear, with reports that State security agencies could make their move next week.

Mmegi has learnt that while the State agencies, who have been probing CMB for at least six months, are eagerly tracking Collins’ probe, their own investigations could result in charges being preferred as early as next week.

The agencies, which include the Directorate of Intelligence and Security (DIS) and the Directorate on Corruption and Economic Crime (DCEC), are also reportedly on stand-by to help Collins “have access” in areas where tracing the funds requires State muscle.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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