The Namibia Economic Freedom Fighters (NEFF) have expressed their frustration with the lack of response from government officials, particularly president Hage Geingob and finance minister Iipumbu Shiimi, regarding the awarding of a N$1,3 billion pharmaceutical supply tender to a company primarily owned by a five-year-old child. In a media statement issued yesterday, NEFF deputy leader...
The High Court has stopped the awarding of a pharmaceutical supply tender to Cospharm Investment Pty Ltd – a company of which the majority shareholder is a five-year-old. The father of the minor, Cosmas Mukaratirwa, owns 49% of the company. Judge Boas Usiku in his judgement said the contract should be put on hold pending...
Namibia has reached the darkest depths of legalised corruption when the government gives a N$1,3 billion medicine business to a five-year-old. Apparently, decision-makers at the Central Procurement Board of Namibia (CPBN) see nothing wrong with entrusting buying of medicine to Cospharm Investments – a company 51% owned by a five-year-old and 49% by the father....
The legal representative of Cospharm Investment says there is nothing untoward about a company with a five-year-old shareholder scooping a N$1,3-billion medical tender. The toddler is a 51% shareholder of the company, which has been awarded a government tender to supply pharmaceuticals used in cancer treatment and psychotic disorders. The contract will span two years....