Govt. pays BCL liquidator P27m

Kemoreilwe Jimson
Tuesday, 13 June 2017
Nigel Dixon Warren Nigel Dixon Warren

 

Government has spent over P27 million to pay for the services of BCL provisional liquidator, Nigel Dixon-Warren, Acting Permanent Secretary in the Ministry of Mineral Resources, Green Technology and Energy Security, Dr Obolokile Obakeng has confirmed.

 

Dixon-Warren has been at the helm of the cash strapped mine since it was placed under provisional liquidation last year. Dr Obakeng told members of PAC that, “although the liquidator has not charged government any specific amount because they charge as per the specific milestone and achievements, they have so far paid the liquidators up to P27 412 408,95.” 

 

He added that government has spent over P980 million into the care and maintenance of BCL while under provisional liquidation. Obakeng also revealed that at the moment Dixon-Warren is working with the Mineral Development Company Botswana (MDCB) to find a solution and decide on the fate of the BCL mine.

 

Dixon-Warren is expected to present a report next week at Gaborone High Court before Judge Gaolatelwe Ketlogetswe. This comes after Ketlogetswe granted an extension in order to assess the credibility and viability of an offer to buy the BCL mine. 

 

The deal between government and the royal Sheiks of the United Arab Emirates (AUE) has fallen off. It is said that the new investor, the South African billionaire, Patrice Motsepe, will take over the mine.  

 

Dr Obakeng also revealed that the Mineral Development Company Botswana has parted ways with its CEO, Paul Smith. Smith has been replaced by Sebetlela Sebetlela as Acting CEO.

 

He said that the Ministry decided to part ways with Smith because of his ‘problematic undertaking of his job’. “He no longer consulted the board nor created the necessary conversation in decision making in relation to the board,” he said.

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