Bakang Seretse wants Keetshabe, Tiroyakgosi and Nlanda jailed
Attorney General. Director of Public Prosecution and the Receiver face contempt of court charges after failing to release Seretse’s assets
Businessman Bakang Seretse who stands accused of money laundering wants Attorney General Abraham Keetshabe, Director of Public Prosecution ( DPP) Stephen Tiroyakgosi and the Receiver, Bafi Nlanda to be jailed for defying a court order to release his assets.
Seretse is among accused persons in the P250 million National Petroleum Fund ( NPF) money laundering case. Last week Lobatse High Court ordered that the state should return Seretse’s assets within 24 hours.
Seretse avers that the state has been unlawfully holding the assets because a court restraining order against him not to have access to the assets long elapsed.
Seretse together with his companies Khulaco ( Pty) ltd, M & B Properties ( Pty) ltd and Leomog Investments ( Pty) ltd have taken to court Attorney General, DPP and the Receiver ( the office of the receiver is constituted in terms of the Proceeds and Instruments of Crime Act [ CIPA]).
He said as it is the Respondents have no order, upon which they are holding the properties. The properties sought as a matter of urgency are among others a balance of P69 734, 260 previously standing to the credit of a bank account at Capital Bank Botswana held by
Khulaco ( Pty) ltd as at 30th November 2017; P10 881, 045 standing to the credit of M & B Properties ( Pty) ltd previously held at Capital Bank and is presently held by the Receiver; P199 971.00 standing to the credit of M & B Properties previously held with Capital Bank; P430 000.00 standing to the credit of Bakang Seretse account previously held with National Bank Botswana and is presently with the Receiver; P384 600.00 standing to the credit of Bakang Seretse previously held at FNBB and now with the Receiver; and P750 000.00 standing to the credit of Leomog Investments previously held by