SA's Hawks nab CMB's Tim Marsland for BPOPF 'heist'

No Image

Tim Marsland, the majority owner of Capital Management Botswana (CMB) was reportedly arrested by the South African Hawks late last night in connection with the alleged misappropriation of about P500 million from the Botswana Public Officers Pension Fund (BPOPF). 

This morning, multiple sources told Mmegi that Marsland was taken into custody at his home by members of the Hawks in connection with a complaint laid by the pension fund and the local Directorate on Public Prosecutions (DPP). 

He is scheduled to appear in a Pretoria court on Monday for an extradition hearing which will determine whether he will be handed over to Botswana authorities. 

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

Have a Story? Send Us a tip
arrow up