Home Southern Africa Namibia Namibia: Alleged N$3.9 Million Fraud Linked to Kharas Regional Council

Namibia: Alleged N$3.9 Million Fraud Linked to Kharas Regional Council

Namibia: Alleged N.9 Million Fraud Linked to Kharas Regional Council

Documents bearing the state-owned company August 26 Construction’s letterhead were allegedly used to steal N$3.9 million from the ||Kharas Regional Council.

The allegations are contained in a statement submitted to the police by August 26 Construction managing director Jacobina Endjala in November 2024.

According to the statement, the money was paid in October 2024 to a close corporation called Tushiko Investment Technology, a company linked to businessman Titus Iipumbu.


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