WINDHOEK — Namibia’s state-owned fishing firm Fishcor has suspended its chief executive following media reports that he and other government officials conspired with Iceland’s biggest fishing company to receive kickbacks in exchange for fishing rights. Fishcor Acting Chairperson Bennet Kangumu told Reuters on Tuesday that CEO Mike Nghipunya had been sent home a week ago, following international and local media reports that he was involved in the scandal. Two former ministers have been arrested and charged, accused of conspiring with Icelandic fishing company Samherji to receive payments worth millions of dollars in exchange for horse mackerel fishing quotas. Esau, the then fisheries minister, allegedly stripped some private companies of fishing quotas. Fishcor officials, according to the media reports, passed the quotas on to Samherji in exchange for corrupt payments.

Source: National Post December 03, 2019 16:52 UTC