Anxiety over BPOPF P500m tender
Friday, September 12, 2014
The kitty is the first tranche of BPOPF’s trend setting P800 million private equity funds solely targeted for investments in Botswana only.
Speaking at a media briefing in Gaborone this week, BPOPF acting CEO Lesedi Moakofhi said that a decision has been made on which fund manager has won the tender.
The findings reveal a disturbing pattern of misconduct and lack of transparency that cannot be ignored.The Tribunal, led by Judge President Justice Kabelo Lebotse, has rightly condemned the Ministry for its eyebrow raising conduct in awarding a P1.8 billion water tender to China Civil Engineering Construction Corporation (Pty) Ltd and Zhong Gan Engineering & Construction Corporation (Pty) Ltd.The award was made despite alleged clear evidence that...