Another Chinese nabbed in N$3.5bn fraud
Another Chinese man was arrested by members of the Namibian Police's serious crime investigations unit in connection with alleged tax evasion, fraud and money laundering involving N$3.5 billion.
Court documents show that Zhihua Gua was arrested on Monday upon his arrival at Hosea Kutako International Airport.
Zhihua has been added as accused number six in this case alongside Chinese businessman Jack Huang, Tao Huizhong, Jinrong Huang, Zhu Honggang and Namibian businessman Julius Laurentius.
Zhihua appeared before the Windhoek Magistrate's Court on Monday and was granted bail of N$1.5 million.
The case was postponed to 1 August.
The first five accused were arrested in December and January.
Huang is free on N$1 million bail and is allowed to leave the country to attend to his other businesses in Angola with the permission of the investigating officer.
Laurentius's stringent bail conditions were also relaxed on 16 February.
He is now allowed to leave the country to attend to his businesses elsewhere, but also with the permission of the investigating officer.
Tao, Jinrong and Laurentius are all free on N$1.5 million bail.
Zhu is free on bail of N$500 000, which was granted during his first appearance before the Ondangwa Magistrate's Court on 22 December.
Sisa Namandje represented the four Chinese nationals, while Dirk Conradie appeared for Laurentius.
Gilroy Casper represented Zhihua when he appeared before Windhoek Magistrate Vanessa Stanley on Monday. Prosecutor Joseph Andreas appeared for the State.
The arrests followed police investigations into the matter since 2013, targeting a string of companies owned primarily by Chinese businesspeople in Namibia.
NAMPA
Court documents show that Zhihua Gua was arrested on Monday upon his arrival at Hosea Kutako International Airport.
Zhihua has been added as accused number six in this case alongside Chinese businessman Jack Huang, Tao Huizhong, Jinrong Huang, Zhu Honggang and Namibian businessman Julius Laurentius.
Zhihua appeared before the Windhoek Magistrate's Court on Monday and was granted bail of N$1.5 million.
The case was postponed to 1 August.
The first five accused were arrested in December and January.
Huang is free on N$1 million bail and is allowed to leave the country to attend to his other businesses in Angola with the permission of the investigating officer.
Laurentius's stringent bail conditions were also relaxed on 16 February.
He is now allowed to leave the country to attend to his businesses elsewhere, but also with the permission of the investigating officer.
Tao, Jinrong and Laurentius are all free on N$1.5 million bail.
Zhu is free on bail of N$500 000, which was granted during his first appearance before the Ondangwa Magistrate's Court on 22 December.
Sisa Namandje represented the four Chinese nationals, while Dirk Conradie appeared for Laurentius.
Gilroy Casper represented Zhihua when he appeared before Windhoek Magistrate Vanessa Stanley on Monday. Prosecutor Joseph Andreas appeared for the State.
The arrests followed police investigations into the matter since 2013, targeting a string of companies owned primarily by Chinese businesspeople in Namibia.
NAMPA
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