Sunday Standard
Okaile to be hauled over the coals by CMB creditors
Details of how Capital Management Botswana (CMB) allegedly siphoned off tens of millions of Pula belonging to pensioners are expected to be unravelled when its former boss, Rapula Okaile, comes face to face with angry creditors. The dispute revolves around more than P450 million...
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Sunday Standard
DIS dithers over Morupisi’s security
The Directorate of Intelligence and Security Services (DIS) is facing a dilemma as to whether it should withdraw security personnel from suspended Permanent Secretary to the President Charter Morupisi or not.Morupisi is facing corruption and money laundering charges.The Sunday St...
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Sunday Standard
Morupisi, wife to appear in court
Permanent Secretary to the President Carter Morupisi is scheduled to to appear in a Gaborone Magistrate Court on Tuesday next week.
Morupisi will appear together with his wife, Pinnie Morupisi.
The duo faces three counts of abuse of office, receiving bribery and money laundering.
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Morupisi charged with 3 counts in CMB saga
Permanent Secretary to the President, Carter Morupisi has reportedly been charged with three counts in connection with the alleged misappropriation of about P500 million from the Botswana Public Officers Pension Fund by asset management firm, Capital Management Botswana (CMB).
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CMB offers to return P450m
Embattled asset manager, Capital Management Botswana (CMB) has reportedly offered to pay back up to P450 million to the Botswana Public Officers Pension Fund (BPOPF), in a bid to squash looming prosecution by local authorities.
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NBFIRA pursues CMB affiliate over P164m
The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) is going after P164 million in property and other assets it alleges are illegally housed in a Capital Management Botswana (CMB) associate.
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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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