Ex- Minister Moagi’s Chinese connections

He issued 8 prospecting licenses and had P4.7 million account opened for him DCEC, DPP say this is classic money laundering, move to immobilize his assets New Energy Company (Pty) Ltd, Wisecreatives Investments (Pty) Ltd, Moagi linked Botswana’s mineral and energy sectors have recently become the focus of a complex and high-stakes controversy involving significant allegations of corruption and money laundering. This scandal centers on the relationship between New Energy Company (Pty) Ltd, Wisecreatives Investments (Pty) Ltd, and the former Minister of Minerals and Energy, Lefoko Maxwell Moagi. According to court affidavits and investigative reports, Mr. Moagi, who approved and signed off on an array of prospecting licenses for New Energy Company in mid-2024, may have been the beneficiary of disguised payments funneled through another corporate entity, raising serious questions about governance, transparency, and the rule of law behind Botswana’s push to expand its mineral resource exploitation. This content is locked Login To Unlock The Content! Post Views: 159

admin Published: January 13, 2026 | Updated: January 13, 2026 1 minute read

He issued 8 prospecting licenses and had P4.7 million account opened for him
DCEC, DPP say this is classic money laundering, move to immobilize his assets
New Energy Company (Pty) Ltd, Wisecreatives Investments (Pty) Ltd, Moagi linked

Botswana’s mineral and energy sectors have recently become the focus of a complex and high-stakes controversy involving significant allegations of corruption and money laundering. This scandal centers on the relationship between New Energy Company (Pty) Ltd, Wisecreatives Investments (Pty) Ltd, and the former Minister of Minerals and Energy, Lefoko Maxwell Moagi. According to court affidavits and investigative reports, Mr. Moagi, who approved and signed off on an array of prospecting licenses for New Energy Company in mid-2024, may have been the beneficiary of disguised payments funneled through another corporate entity, raising serious questions about governance, transparency, and the rule of law behind Botswana’s push to expand its mineral resource exploitation.