Inside Botswana’s P8 billion shady puzzles
Sunday Standard Inside Botswana’s P8 billion shady puzzles Either First National Bank Botswana (FNBB) has lost or misappropriated nearly P8 billion belonging to a foreign investor, or a Mauritian company has constructed one of the most audacious financial deceptions ever to reach Botswana courts. Between the two possibilities lies a murky dispute involving alleged international transfers, disputed SWIFT records, ministerial access, court proceedings, […] The post Inside Botswana’s P8 billion shady puzzles first appeared on Sunday Standard and is written by Sunday Standard Reporter
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Sunday Standard
Inside Botswana’s P8 billion shady puzzles
Either First National Bank Botswana (FNBB) has lost or misappropriated nearly P8 billion belonging to a foreign investor, or a Mauritian company has constructed one of the most audacious financial deceptions ever to reach Botswana courts.
Between the two possibilities lies a murky dispute involving alleged international transfers, disputed SWIFT records, ministerial access, court proceedings, Bank of Botswana (BoB) action and the Mauritian company that claims it lost EUR 500 million after it entered Botswana’s banking system.
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The post Inside Botswana’s P8 billion shady puzzles first appeared on Sunday Standard and is written by Sunday Standard Reporter
