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BoB doubles down on Denial in P100 Billion Scandal

Sunday Standard BoB doubles down on Denial in P100 Billion Scandal The Bank of Botswana has broken its silence in response to a recent wave of social media commentary alleging a P100 billion shortfall linked to the central bank and its former governor, Moses Pelaelo. In a strongly worded media release, the Bank described the circulating letter—which purports to be addressed to the Minister of State President—as misleading and lacking factual fou…
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Sunday Standard Botswana broke the news in Gaborone, Botswana on Thursday, July 31, 2025.
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