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THE embattled Zimbabwean banker Enock Kamushinda and minority shareholder in Namibia's liquidated SME Bank, finds himself entangled in a payment dispute with the bank's liquidators. Initially agreeing to repay N$140 million (equivalent to approximately $9.2 million USD) of the N$247 million stolen from the bank, Kamushinda has only remitted N$3 million ($197,500 USD) and is… ....
NAMIBIAN authorities say they are “meticulously examining” documents relating to the looting of the Small and Medium Enterprises (SME) Bank of about N$247 million (about US$15 million) to determine whether any criminal activities and Zimbabwean businessman Enoch Kamushinda (pictured) contributed to the bank’s collapse in 2017. BY NATHAN GUMA The country’s courts have said Kamushinda… ....
Two directors of a Namibian accounting firm are due to be appointed as the new curators to administer the assets of accused in the Fishrot fishing quotas fraud and corruption case placed under a restraint order in terms of the Prevention of Organised Crime Act. ....
High Court judge Orben Sibeya will in about two weeks’ time give a ruling on the appointment of new curators to administer the assets of accused in the Fishrot fishing quotas fraud and corruption case that have been placed under a restraint order. ....