Thursday, June 30, 2022

BTC attracts attention of sniffing MPs

The Assistant Minister of Trade and Industry, Vincent Seretse, continued to be a signatory to a Botswana Telecommunications Corporation (BTC) investment account despite having left the corporation, a report compiled by the Parliamentary Committee on Statutory Bodies has revealed.

The committee has been examining books of accounts for Parastatals like BTC and the Botswana Meat Commission (BMC) for the 2009/2010 financial year.

At the time of going to press, the committee’s chair, Robert Masitara, was not available for comment.

The committee, which holds its press conference tomorrow, is expected to table its report in the November session of parliament.

Reports indicate that the committee has passed their findings to Directorate on Corruption and Economic Crime (DCEC) for further investigation.

It is not yet clear on whether there will be a further probe but legislators are expected to make political fodder over the report, especially on the level of accountability at BTC and BMC.
In an interview with the Sunday Standard, Seretse said that it was impossible that he could still have been signatory at BTC after he had left.

“That’s not possible,” he said, adding that he ceased being a signatory when he left BTC.
He, however, explained that if at all he was still a signatory with his former employer then BTC was best placed to explain the issue.

“If you leave, those that remain behind are charged with the responsibility of changing signatories…I would not know whether they did it efficiently or not,” he said.

He said a number of organisations always fail to change signatories because some people sleep on the job.

Seretse is a Specially Elected Member of Parliament who entered parliament in 2009 after leading the ruling party to a successful general elections victory as the party’s chief strategist.

RELATED STORIES

Read this week's paper