Namibia Financing Trust News Today

Namibian authorities are reportedly meticulously examining documents related to the alleged looting of the Small and Medium Enterprises (SME) Bank, which collapsed in 2017 with a loss of approximately N$247 million (US$15 million).

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…