Namibia: Empty Houses Haunt Okongo … FNB Washes Hands Off

Okongo — A group of Okongo homeowners say they are victims of a failed housing project which has forced them into a financial stranglehold.

They are now paying mortgage instalments on incomplete, unoccupied houses while still forking out rent elsewhere. The residents of Block 103 remain stuck in a cruel limbo, paying for roofs over their heads that they have never slept under. A triangular relationship involving First National Bank of Namibia, the Okongo Village Council and property developer…