The founder of GetBucks Botswana (now FirstCred), David van Niekerk, has lost with costs a case in which he sought to interdict The Business Weekly & Review against publishing any information relating to the mismanagement and creative looting of hundreds of millions which were raised from a P500 million domestic medium note programme listed on the Botswana Stock Exchange (BSE).
In a judgement that was delivered by Justice Ookeditse Maphakwane of the Lobatse High Court on the 5 December 2022, David van Niekerk’s urgent application was dismissed and costs awarded to The Business Weekly & Review on an ordinary scale including costs of two attorneys.
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