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Namcor says Mulunga fraudulently paid N$53m for tanks owned by Govt
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Namcor says Mulunga fraudulently paid N$53m for tanks owned by Govt

The National Petroleum Corporation of Namibia (Namcor) has taken legal action against a company tied to businessman Peter Elindi and retired brigadier general James Auala in an attempt to recover N$53 million which the parastatal lost by buying storage facilities that already belonged to the government. Namcor and an entity called Enercon are involved in...

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‘We Paid for Our Children’…First Family addresses allegations of abuse of state resources – Windhoek Observer

Niël Terblanché Namibia’s First Couple, President Hage Geingob and First Lady Monica Geingos issued a statement to address concerns regarding expenses incurred for their children and other members of the First Family who accompanied them to Dubai for the 28th session of COP 28. According to a statement issued by State House, President Geingob and...

Presidency dismisses allegations that gov paid for first couple’s children’s expenses
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Presidency dismisses allegations that gov paid for first couple’s children’s expenses

The Presidency has dismissed allegations that the government has paid for the flight tickets and other expenses of the first couple’s children to Dubai, United Arab Emirates. The children, Nangula Geingos, Dangos Nangula, Kayla Elago, and Nino Kalondo, all travelled to Dubai in their private capacity, with their expenses paid for by the first couple....

We paid for our children’s trip to Dubai – first couple
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We paid for our children’s trip to Dubai – first couple

President Hage Geingob and first lady Monica Geingos have defended taking their children along on official state business to Dubai, saying they have paid for their expenses. In a press statement issued on Monday, the first couple refuted allegations of their children travelling at the government’s expense, despite government regulations prohibiting this. “The Namibian public...

Ex-SME Bank directors paid penalties to get off the hook
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Ex-SME Bank directors paid penalties to get off the hook

Minister of defence and veterans affairs Frans Kapofi and the secretary to the Cabinet, George Simataa, are among former SME Bank directors who paid back money as penalty after liquidators accused them of being reckless and giving Zimbabwean national Enock Kamushinda free rein to steal N$200 million from the bank. Liquidators wanted the directors to...

I paid N$1m – Kapofi on settling SME Bank liquidators case
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I paid N$1m – Kapofi on settling SME Bank liquidators case

MINISTER of defence and veterans affairs Frans Kapofi says he paid N$1 million to settle a court case with SME Bank’s liquidators to avoid a protracted legal dispute. This is what Kapofi told The Namibian on Thursday. “I paid N$1 million,” he said. Kapofi said he had consulted with his lawyers, who advised him the...