John-Colin Namane spoke to Kalimbo Ipumbu from the NEFF and Nico Smit from the PDM

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  • Опубліковано 10 вер 2024
  • The Namibia Competition Commission (NaCC), has confirmed imposing a
    N$1 million fine, on Bank of Namibia governor Johannes !Gawaxab,
    Ismael Gei-Khoibeb, and Gamma Investments, for implementing a merger
    without the commission’s approval.
    This comes after The Issue reported that !Gawaxab is facing
    allegations that he sold businesses, and shareholdings, in a major
    insurance company, to family and friends.
    This is despite declaring he had sold such interests, to what he
    termed ‘unrelated parties’.
    NaCC spokesperson, Dina //Gowases, says !Gawaxab and others entered
    into a settlement agreement, following the commission’s investigation,
    which found that the parties have contravened the Competition Act of
    2003, for implementing a merger, without the approval of the
    commission.
    Now, the Namibia Economic Freedom Fighters, has called on President
    Mbumba to fire the governor, highlighting that he should have
    resigned, after admitting to the white collar crime.

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