Botswana government officials stand accused of enabling Galane Gold, the former operators of Mupane Gold Mine, to funnel hundreds of millions of Pila out of the country, sidestepping royalty payments, dodging tax obligations and violating long-standing exchange control policies in the process.
A damning preliminary report by Kopanang Thekiso, the court appointed liquidator overseeing Mupane ‘s collapse, has uncovered what he described as a decade long pattern of off-shore cash diversion and regulatory failure leading to a P317 million revenue shortfall between 2014 and 2024, resulting from royalty deferments, offshore cash transfers, and the write-off of inter-company balances.
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