Fishrot six under tax scrutiny
Fishrot six under tax scrutiny

Fishrot six under tax scrutiny

Ogone Tlhage
Finance minister Calle Schlettwein says his ministry is investigating potential tax evasion linked to the unfolding Fishrot scandal.

Schlettwein took to social media earlier this week and posted hard-hitting commentary on the scandal after international news channel Al Jazeera further lifted the veil on how over N$150 million in bribes were allegedly paid to Namibian politicians and officials by an Iceland seafood company, in exchange for access to Namibia's fishing quotas. The documentary titled 'Anatomy of a Bribe' was aired on Sunday.





“The Al Jazeera video shows a typical case of resource looting from a developing country [Namibia] by a multi-national company [Samherji] with the involvement of few highly placed and influential Namibians. It is criminal. All must be prosecuted. The process has started, [it] must be completed,” his tweet read.

Schlettwein said yesterday the tax investigation linked to the Fishrot scandal is ongoing, when asked by Namibian Sun.

He was further asked if his ministry was working closely with the Anti-Corruption Commission (ACC) and whether it had handed over any evidence of possible tax evasion, but did not respond.

Icelandic company Samherji had secured lucrative fishing quotas that were allocated by former fisheries minister Bernhardt Esau following an amendment of the Marine Resources Act.

His cabinet colleague and now former justice minister Sacky Shanghala was the attorney-general when the law was amended.

Esau and Shanghala had struck a deal with the Angolan government to enable Samherji greater access to quotas in both countries in 2014.



It is alleged that the duo and associates close to them had received US$10 million in bribes paid to them by the Icelandic company.



In an interview with Al Jazeera Shanghala was asked how he viewed the level of corruption in the fishing sector and what his office could do to stop these corrupt practices.



Shanghala said: “I have been at the forefront of reforming the fishing industry. We have all the legislation in place and what we have picked up is that yes there is corruption, but it is very miniscule. It is not really an issue we are worried about.”



The Fishrot Six abandoned their bail application in the Windhoek Magistrate's Court on Monday.



Esau, Shanghala, former Fishcor board chairperson James Hatuikulipi, Esau's son-in-law Tamson 'Fitty' Hatuikulipi (who is also James' cousin), Investec Asset Management senior employee Ricardo Gustavo and Pius 'Taxa' Mwatelulo are the six accused in the matter.



The defence lawyers and the State agreed not to proceed with the bail hearing.



The matter was postponed to 20 February 2020 to allow for further investigations and the accused will remain in custody until then.

OGONE TLHAGE

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Namibian Sun 2024-04-29

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 342.33/OZ UP +0.18% | Copper US$ 4.63/lb UP +1.85% | Zinc US$ 2 964.40/T UP 3.72% | Brent Crude Oil US$ 88.32/BBP DOWN -0.0073 | Platinum US$ 948.64/OZ UP +3.85% Sport results: Premier League: Nottingham Forest 0 vs 2 Manchester City | Bournemouth 3 vs 0 Brighton | Tottenham Hotspur 2 vs 3 Arsenal | Aston Villa 2 vs 2 Chelsea | Everton 1 vs 0 Brentford | Wolves 2 vs 1 Luton Town | Fulham 1 vs 1 Crystal Palace | Manchester United 1 vs 1 Burnley | Newcastle 5 vs 1 Sheffield United | West Ham 2 vs 2 Liverpool LaLiga: Real Betis 1 vs 1 Sevilla | Villarreal 3 vs 0 Rayo Vallecano | Granada 3 vs 0 Osasuna | Cadiz 1 vs 1 Mallorca | Atletico Madrid 3 vs 1 Athletic Club | Deportivo Alaves 3 vs 0 Celta Vigo | Almería 1 vs 3 Getafe | Las Palmas 0 vs 2 Girona | Real Sociedad 0 vs 1 Real Madrid SerieA: Fiorentina 5 vs 1 Sassuolo | Napoli 2 vs 2 AS Roma | Atalanta 2 vs 0 Empoli | Bologna 1 vs 1 Udinese | Inter Milan 2 vs 0 Torino | SS Lazio 1 vs 0 Hellas Verona | Juventus 0 vs 0 AC Milan | Lecce 1 vs 1 Monza | Frosinone 3 vs 0 Salernitana European Championships Qualifying: Hull City 3 vs 3 Ipswich Town | Millwall FC 1 vs 0 Plymouth Argyle | Blackburn Rovers 0 vs 0 Coventry City | Watford 1 vs 0 Sunderland | Bristol City 2 vs 0 Rotherham United | Huddersfield Town 1 vs 1 Birmingham City | Sheffield Wednesday 3 vs 0 West Bromwich Albion | Norwich City 2 vs 2 Swansea City | Cardiff City 1 vs 4 Middlesbrough | Southampton 0 vs 1 Stoke City | Queens Park Rangers 4 vs 0 Leeds United English Championship: Hull City 3 vs 3 Ipswich Town | Millwall FC 1 vs 0 Plymouth Argyle | Blackburn Rovers 0 vs 0 Coventry City | Watford 1 vs 0 Sunderland | Bristol City 2 vs 0 Rotherham United | Huddersfield Town 1 vs 1 Birmingham City | Sheffield Wednesday 3 vs 0 West Bromwich Albion | Norwich City 2 vs 2 Swansea City | Cardiff City 1 vs 4 Middlesbrough | Southampton 0 vs 1 Stoke City | Queens Park Rangers 4 vs 0 Leeds United Weather: Katima Mulilo: 14° | 31° Rundu: 14° | 31° Eenhana: 15° | 33° Oshakati: 17° | 33° Ruacana: 15° | 33° Tsumeb: 16° | 30° Otjiwarongo: 14° | 29° Omaruru: 17° | 31° Windhoek: 14° | 28° Gobabis: 16° | 29° Henties Bay: 17° | 24° Wind speed: 21km/h, Wind direction: W, Low tide: 12:27, High tide: 06:24, Low Tide: 01:00, High tide: 19:07 Swakopmund: 15° | 18° Wind speed: 13km/h, Wind direction: W, Low tide: 12:25, High tide: 06:22, Low Tide: 00:58, High tide: 19:05 Walvis Bay: 17° | 27° Wind speed: 22km/h, Wind direction: W, Low tide: 12:25, High tide: 06:21, Low Tide: 00:58, High tide: 19:04 Rehoboth: 18° | 29° Mariental: 21° | 32° Keetmanshoop: 23° | 33° Aranos: 20° | 31° Lüderitz: 18° | 28° Ariamsvlei: 22° | 34° Oranjemund: 17° | 26° Luanda: 25° | 30° Gaborone: 15° | 31° Lubumbashi: 11° | 25° Mbabane: 13° | 29° Maseru: 10° | 25° Antananarivo: 15° | 22° Lilongwe: 13° | 27° Maputo: 16° | 29° Windhoek: 14° | 28° Cape Town: 15° | 20° Durban: 19° | 32° Johannesburg: 16° | 25° Dar es Salaam: 24° | 31° Lusaka: 14° | 27° Harare: 11° | 26° Economic Indicators: Currency: GBP to NAD 23.35 | EUR to NAD 19.97 | CNY to NAD 2.57 | USD to NAD 18.62 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.32 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.67 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.13 | USD to AOA 834.06 | USD to BWP 13.71 | USD to EGP 47.8 | USD to KES 134.48 | USD to NGN 1355 | USD to ZAR 18.62 | USD to ZMW 26.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 75370.99 Up +1.40% | Namibian Stock Exchange (NSX) Overall Index 1673.12 Up +1.85% | Casablanca Stock Exchange (CSE) MASI 13373.9 Up +0.14% | Egyptian Exchange (EGX) 30 Index 26011.28 Up +5.57% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 342.33/OZ UP +0.18% | Copper US$ 4.63/lb UP +1.85% | Zinc US$ 2 964.40/T UP 3.72% | Brent Crude Oil US$ 88.32/BBP DOWN -0.0073 | Platinum US$ 948.64/OZ UP +3.85%