The Confiscated Assets Trust Fund currently has P110 643 325 held in a commercial bank outside of the Government accounting system. The Fund was established by Statutory Instrument No.158 of 2018 to receive deposits and administer moneys collected as proceeds and instruments of crime.
This is the first year of operation of the Fund. The audit of the accounts of the Fund for the year under review could not be completed because of some misunderstanding of the Fund Order regarding the accounts maintenance and presentation.
In terms of the draft accounts submitted for audit, the value of the Fund as at 31 March 2019 was recorded as P121 049, representing forfeited assets, while the balance of the confiscated cash was P110 643 325 held in a commercial bank outside of the Government accounting system, which, “in my view, defeats the purpose of the Fund Order. The physical properties are recorded in appropriate registers,” observes the Auditor General.
According to the latest report, the Auditor General has taken up the matter with the Accounting Officer with suggestions for the accounting treatment of the affairs of the Fund. “We have held a meeting at which it was agreed that effective from 2019/20 accounts, the correct accounting procedure would be followed along the lines that had been suggested.”
Botswana Police Service (BPS) has indicated concern about the ongoing trend where the general public falls victim to criminals purporting to be police officers.
According to BPS Assistant Commissioner, Dipheko Motube, the criminals target individuals at shopping malls and Automated Teller Machines (ATMs) where upon approaching the unsuspecting individual the criminals would pretend to have picked a substantial amount of money and they would make a proposal to the victims that the money is counted and shared in an isolated place.
“On the way, as they stop at the isolated place, they would start to count and sharing of the money, a criminal syndicate claiming to be Criminal Investigation Department (CID) officer investigating a case of stolen money will approach them,” said Motube in a statement.
The Commissioner indicated that the fake police officers would instruct the victims to hand over all the cash they have in their possession, including bank cards and Personal Identification Number (PIN), the perpetrators would then proceed to withdraw money from the victim’s bank account.
Motube also revealed that they are also investigating a case in which a 69 year old Motswana woman from Molepolole- who is a victim of the scam- lost over P62 000 last week Friday to the said perpetrators.
“The Criminal syndicate introduced themselves as CID officers investigating a case of robbery where a man accompanying the woman was the suspect.’’
They subsequently went to the woman’s place and took cash amounting to over P12 000 and further swindled amount of P50 000 from the woman’s bank account under the pretext of the further investigations.
In addition, Motube said they are currently investigating the matter and therefore warned the public to be vigilant of such characters and further reminds the public that no police officer would ask for bank cards and PINs during the investigations.
Botswana Congress Party (BCP) leadership walked out of Umbrella for Democratic Change (UDC) National Executive Committee (NEC) meeting this week on account of being targeted by other cooperating partners.
UDC meet for the first time since 2020 after previous futile attempts, but the meeting turned into a circus after other members of the executive pushed for BCP to explain its role in media statements that disparate either UDC and/or contracting parties.
The Director General of the Directorate on Corruption and Economic Crimes (DCEC), Tymon Katlholo’s spirited fight against the contentious transfers of his management team has forced the Office of the President to rescind the controversial decision. However, some insiders suggest that the reversal of the transfers may have left some interested parties with bruised egos and nursing red wounds.
The transfers were seen by observers as a badly calculated move to emasculate the DCEC which is seen as defiant against certain objectionable objectives by certain law enforcement agencies – who are proven decisionists with very little regard for the law and principle.