David Bruni News Today

THE embattled Zimbabwean banker Enock Kamushinda and minority shareholder in Namibia's liquidated SME Bank, finds himself entangled in a payment dispute with the bank's liquidators. Initially agreeing to repay N$140 million (equivalent to approximately $9.2 million USD) of the N$247 million stolen from the bank, Kamushinda has only remitted N$3 million ($197,500 USD) and is…

%%title%% %%sep%% %%primary_category%% %%sep%% %%sitename%% %%sep%% … Kamushinda only paid back N$3m of N$247m stolen from SME Bank

NAMIBIAN authorities say they are “meticulously examining” documents relating to the looting of the Small and Medium Enterprises (SME) Bank of about N$247 million (about US$15 million) to determine whether any criminal activities and Zimbabwean businessman Enoch Kamushinda (pictured) contributed to the bank’s collapse in 2017. BY NATHAN GUMA The country’s courts have said Kamushinda…

Two directors of a Namibian accounting firm are due to be appointed as the new curators to administer the assets of accused in the Fishrot fishing quotas fraud and corruption case placed under a restraint order in terms of the Prevention of Organised Crime Act.

High Court judge Orben Sibeya will in about two weeks’ time give a ruling on the appointment of new curators to administer the assets of accused in the Fishrot fishing quotas fraud and corruption case that have been placed under a restraint order.

A legal battle over 2 700 carat diamonds, valued at N$14 million, is dragging on with no end in sight.The matter – brought by liquidators David Bruni and Ian McLaren and...

There are fears that escalating hostility between the liquidators tasked to manage the assets of the Fishrot accused persons and Prosecutor-General Martha Imalwa could place the...

Police award winners Multiple employees of the Gorham Police Department were honored with awards at a ceremony last month, according to Police Chief Christopher Sanborn. The recipients were: Detective Steven Rappold, 10-year service pin; Rappold, Animal Control Officer Scott Nystrom, Officer Eric Sanborn and Sgt. Sears Edwards, perfect attendance;  Rappold, Officer Aaron Erickson, Detective Stephen […]

Sgt. David Bruni pays tribute to the Gorham deputy town clerk's grandfather during his Wreaths Across America experience at Arlington National Cemetery.

Some former Air Namibia employees are camping at the liquidated national airline offices due to unpaid severance packages.