Seretse loses P82m assets appeal

Seretse, entangled in a persistent battle with the Directorate of Public Prosecutions (DPP) over the alleged missing funds, lost his assets around September 2021. Justice Omphemetse Motumise of the Gaborone High Court had ruled at the time that he should forfeit the properties, including luxury cars and residential plots, as they were obtained through proceeds of crime.

In his appeal against the judgment, Seretse argued that the State's case was based on hearsay without concrete evidence and the assets were not individualised for proper assessment. The apex ruling before the Court of Appeal, Justice Edwin Cameron stated that the DPP had assembled a flood of evidence, including bank statements.