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Trouble at BTU investment arm

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Managing-Director-Mr-Rodger-Solomon
Chickens are coming home to roast at Botswana Teachers Union (BTU) investment arm, More Power Investments (MPI) and Botswana Teachers Union Members Funeral Fund (BOTUFF), The Patriot on Sunday has learnt. Highly placed sources at the country’s oldest teacher trade union have revealed that one aggrieved employee of MPI is threatening to shake the roof at the union’s subsidiaries. The employee is said to have found a perfect ally in some board members who are against the dissolution of the funeral fund to replace it with a burial society. Things started to shake at MPI when the board recommended to the membership to change BOTUFF from being a Trust fund to a burial society to allow it to carry out its objectives accordingly. This did not sit well with some board members of BOTUFF, who according to sources are afraid they might lose their positions of leadership of the funeral scheme as the dissolution of the Trust will call for fresh polls under the society model. The boardroom tussle has seen one senior employee facing disciplinary inquiry for which she was found guilty and is currently awaiting her fate from the employer. This publication has learnt that the aggrieved employee…

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