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State, Seretse latest face off in NPF looting

Thursday, April 14, 2022 | 4130 Views |

Bakang Seretse and his attorney Kgosietsile Ngakaagae at one of court procedings PIC: MORERI SEJAKGOMO

The latest face off between the State and local businessman, Bakang Seretse played out in the apex court this week with the State throwing the last punch alleging a breach of public trust in the National Petroleum Fund (NPF) scandal.

In its latest attempt to recover some of the funds in the missing P230 million belonging to the national treasury, the State through the Directorate of Public Prosecutions (DPP) said the very authorisation and disbursement of the funds was done pursuant to commission of criminal offences.

The State reckons the amount of P67, 734,260.00 and other assets belonging to Seretse and his companies were proceeds of crime.

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State, Seretse latest face off in NPF looting

The latest face off between the State and local businessman, Bakang Seretse played out in the apex court this week with the State throwing the last punch alleging a breach of public trust in the National Petroleum Fund (NPF) scandal.

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The audacity to be a unicorn

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Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

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Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!