
As Botswana Public Officers Pension Fund (BPOPF) scampers to clean up its mess, which has seen asset managers haemorrhaging pension holders millions of Pula, all eyes are on the Principal Officer Boitumelo Molefe to see how she wriggles out of the conundrum. She is a marked woman. Despite warnings from those inside the operations of Capital Management Botswana (CMB), the controversial private equity asset manager currently embroiled in an ugly legal brawl with the regulator NBFIRA and BPOPF, the latter continued to inject millions of Pula to the detriment of pensioners and civil servants. Insiders claim that daggers have already been drawn agitating for Molefe's removal by some trustees among the voluminous 40 member board, despite that the same board and its investment committee rejected her advice on the risky venture. "I was not there when they (CMB) were appointed. I have subsequently been made aware of warnings, but nothing is formal or in writing. I have also heard that the board was warned before but nothing was in writing, so we cannot confirm anything," Molefe said. Before the press on Friday morning in the company of Chairman of the Communications committee Solomon Mantswe, her giggles and beautiful smile defied…