WebJun 16, 2024 · The United States has announced an entrance ban on two former Namibian cabinet ministers implicated in the Fishrot corruption scandal. The so-called "Fishrot" scandal, in which more than USD 650 million (EUR 536 million) was flagged as suspicious proceeds, involved Namibia’s state-owned National Fishing Corporation of Namibia … WebSep 16, 2024 · African Selection Namibia was initially majority-owned by South African economist Adriaan Jacobus Louw, with a 62% stake. Other shareholders were De Klerk’s Celax Investments Number One (33%) and Angolan-based African Selection Trust (5%). Celax is accused in the Fishrot court papers of being used as a conduit to divert N$75 …
Namibia’s ‘Fishrot’ scandal: from start to present
WebApr 13, 2024 · The European Union has been slammed for its incapacity to behave towards Samherji, Iceland’s largest fishing firm, following its involvement in certainly one of Africa’s largest scandals, because it has uncovered the hollowness of its self-declared battle towards corruption. The monetary scandal — named after a 2024 Wikileaks launch known as the … WebNov 14, 2024 · Fishrot is the largest corruption scandal in both Namibian and Icelandic history. The value of transactions flagged as suspicious by Namibia's Financial Intelligence Centre in connection with the Fishrot scheme is reported to be around US$650 million.This has had a devastating impact on Namibia’s fishing industry, local fishing communities … porky chops cartoon
Single trial for Fishrot scandal accused The Namibian
WebOct 7, 2024 · 7 October 2024. THE 10 men facing a host of criminal charges in connection with Icelandic-owned companies’ use of Namibian fishing quotas will have a single trial … WebThe Fishrot scandal was the first of a series of highly publicized scandals to hit Namibia. Many allies of the SWAPO Party however viewed the release of the documents as a … WebJun 16, 2024 · The United States has announced an entrance ban on two former Namibian cabinet ministers implicated in the Fishrot corruption scandal. The so-called "Fishrot" … porky firework