Home Southern Africa Namibia Namibia: UK Firm Sues Samherji for N$18 Billion Over Fishrot Scandal

Namibia: UK Firm Sues Samherji for N$18 Billion Over Fishrot Scandal

Namibia: UK Firm Sues Samherji for N Billion Over Fishrot Scandal

A United Kingdom-based debt collection company has reportedly sued Icelandic fishing company Samherji for US$1.11 billion (about N$18.5 billion) over claims tied to the “Fishrot” scandal.

Icelandic publication Ruv reported the lawsuit is targeting Samherji and its management over claims made by a Namibian-owned company.

The publication says the lawsuit is being brought against Samherji by Restitution Litigation Limited, which was formed for the purpose of filing the lawsuit against the company.

Read more on AllAfrica.com

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