Pula Steel denies attachment of property

Pula Steel plant
Pula Steel plant

SELEBI-PHIKWE: Pula Steel, the only steel manufacturing plant in Botswana has denied that deputy sheriffs recently attached its vehicles for failure to pay their suppliers. A highly-placed source has indicated that Jumbo Cash ‘n Carry deputy sheriffs attached Pula Steel vehicles over a P1 million debt. It is understood that another creditor has also engaged deputy sheriffs over unpaid debt by the steel manufacturing company.

However, the company’s corporate services director, Brian Mosenene said that none of their company property has been attached, but disclosed that the vehicles were kept somewhere for security reasons because they had an issue with a security company that guarded the company premises.

“It is true that we owe some of our suppliers and six of them have taken us to court over our debts and we appeared before court to defend ourselves because we were served with papers. We presented before court our intentions to clear off the debts and we have since been ordered by the court to work out the terms of payments because we are not denying that we owe them,” Mosenene said.

Editor's Comment
Get back what was stolen, and lock the door

That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...

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