SA ‘fraudster and fugitive’ tries to get out of jail
Botswana says he stole R280m and wants to extradite him. He claims he is being held illegally by SA
SA businessman Tim Marsland – alleged to have fleeced nearly R280m from Botswana’s Public Officers Pension Fund in a money laundering scam – will remain behind bars pending an extradition hearing, despite another attempt by his lawyers to secure his release.
The businessman and former journalist, considered a fugitive by the Botswanan government, was arrested by Interpol agents while trying to board a flight to Germany on July 12.
At the helm of investment firm Capital Management Botswana, Marsland and his business partner were allocated nearly R700m by the fund in 2016, with an agreement that the money would be bound for private equity investments in the country...