Investec Namibia MD resigns amid fishing bribery scandal
The Namibia managing director
of South African investment firm Investec has resigned after
allegations he spearheaded a fishing scheme that generated
kickbacks of at least 150 million Namibian dollars ($10 million)
in a bribery scandal that has seen two ministers quit.
of South African investment firm Investec has resigned after
allegations he spearheaded a fishing scheme that generated
kickbacks of at least 150 million Namibian dollars ($10 million)
in a bribery scandal that has seen two ministers quit.
Posted by Reuters
