The looting of Victoria Hotel

M Putsoa & Associates quickly started reaping the ‘rewards’ after their appointment as Victoria Hotel’s curators. The PWC’s forensic investigation report shows that the company paid itself M539 325 in fees between July 2020 and February 2021. The first payment of M148 800 was made on July 15, exactly a month after Putsoa accepted the DCEO’s appointment. Six more payments ranging from M15 200 to M146 000 flowed to the company over the next half a year.

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