ACC arrests five in N$500 million Namcor ‘corruption’ scam
...N$560 million in bogus oil transactions where the parastatal supplied politically connected companies with petroleum products but was never paid for the fuel...
More questions about the Xaris tender
THE company chosen for a multibillion-dollar contract to fix Namibia’s looming electricity crisis failed to meet basic set requirements. The Namibian has seen evaluation documents suggesting that the state energy company, NamPower (Namibia Power Corporation), overlooked its own criteria to allow Xaris
Broke TNamib splurges
TRANSNAMIB directors have wasted little time in spending extravagantly on the controversially appointed chief executive officer Sara Naanda, who was supposedly hired because of “financial prudence”. The Namibian has it on good authority that the board of directors reneged on their own
TNamib CEO hunter turns hunted
NEWLY appointed TransNamib chief executive officer Sara Naanda ‘head-hunted’ a potential CEO for the parastatal and then competed against that person in a process which allegedly cost more than N$229 000. The TransNamib board of directors, of which Naanda is the deputy
