Mmegi

The alleged money trail behind Balopi’s billboard empire

Balopi in deep thinking. PIC MORERI SEJAKGOMO
Balopi in deep thinking. PIC MORERI SEJAKGOMO

A web of companies, inflated or false project claims and millions of pula allegedly moving between bank accounts has emerged from a charge sheet laying out the State’s case against Botswana Democratic Party (BDP) president Mpho Balopi and his alleged associates.

Balopi and his co-accused appeared before the Regional Magistrates’ Court this week and are facing seven different charges ranging from fraud to money laundering.

The charges paint a picture of money allegedly obtained from the Citizen Entrepreneurial Development Agency (CEDA) under the guise of funding billboard and digital-screen projects, before portions of the money were allegedly moved between companies linked to some of the accused.

Editor's Comment
Commitment by DPP to fight corruption welcome

Whilst many citizens put trust in their leaders that they are tackling one of the worst curses that can befall a country, the public has lost trust after all the cases seemed not to go anywhere.As the saying goes, ‘corruption is a cancer that eats away at the fabric of society’; corruption affects effective governance.Corruption affects delivery of services to the public and also crumbles most systems meant to assist citizens who are very...

Have a Story? Send Us a tip
arrow up