Okaile Appears In Court, Marsland Charged
Rapula Okaile and Timothy Marsland, the directors of Capital Management Botswana (CMB), have been charged with one count of attempting to obtain by false pretence in a matter involving about P80.5 million from Botswana Insurance Fund Management (BIFM).
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Sunday Standard
Morupisi to step down following BPOPF scandal
The Permanent Secretary to the President, Carter Morupisi is expected to resign next week after the Directorate of public Prosecutions (DPP) and the Directorate on Corruption and Economic Crime (DCEC) decided to press criminal charges against him.
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Fresh bid to haul CMB bosses before creditors
A new liquidator for Capital Management Botswana (CMB) plans to haul the troubled firm’s directors before creditors in July, to account for the plus-P500 million in pensioner funds that went missing under their supervision.
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CMB clears the air
Attempted murder, character assassination, defamation, fraud, negligence, and cover up after cover up after cover up – this is the truth behind the moves to shutter and board Capital Management Botswana (CMB), all to prevent the exposure of wholesale negligence of some of Botswan...
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DCEC agents transferred off CMB trail
After two Directorate on Corruption and Economic Crime (DCEC) investigators established a prima facie case that an asset management company, Capital Management Botswana (CMB) had bought Permanent Secretary to the President (PSP) Carter Morupisi a car while he was Botswana Public...
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The Voice
CMB scandals emerge as witnesses give evidence
Embattled private equity company, Capital Management Botswana (CMB)’s shoddy dealings have come to the fore this week during the creditors meeting. This week, various witnesses took a stand to give their evidence before the Master of the High Court during the creditors meeting of...
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