NPF looting: Country's biggest white-collar crime

The looting of the National Petroleum Fund (NPF) has been described as the biggest white-collar heist in Botswana; a country that prides itself on low corruption and strong governance. A fund that was designed to help cushion Batswana against the fuel hikes and inflation has been ransacked.

For Batswana, not only was the public purse robbed, but also the protection against high fuel prices that the NPF provided, was taken away. This year alone, fuel prices have gone up three times and although Energy authorities say the empty NPF coffers are not much to blame, analysts disagree.