Serowe man 'loses' P1m in trading
Monday, April 22, 2024 | 3140 Views |
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The Serowe police are currently investigating the case to verify the validity of his claims. Superintendent Poloko Oteng, the station commander of Serowe police, said the man stated he began trading with online in July 2022 and had not withdrawn any money since. He informed the police that he had been depositing money into his online account since 2022.
He added that when he encountered difficulties attempting to withdraw his funds, he became concerned that he may have been a victim of theft and reported the matter to the police. "We have since launched a probe to establish the authenticity of his claims,” Oteng explained.
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...