Fraud or economic terrorism?

Cindy Van Wyk
A document signed on 11 September 2012, Fishrot investigators allege, was the prelude to a scandal of which the magnitude is yet to be fully determined.

The date is significant, as it coincided with the commemoration of the ghastly terrorist attack on American soil on 11 September 2001.

And as Anti-Corruption Commission investigator Willem Olivier painted the picture this week of how exactly the Fishrot scandal brought hardship and pain upon the Namibian nation, it was inevitable that some parallels could be drawn between the two events.

If it is indeed proven that the Fishrot accused are guilty of their crimes (obviously they are innocent until proven guilty), there is a strong case to be made for economic terrorism, and even treason.

According to Olivier, on 11 September 2012, Shanghala, then Law Reform and Development Commission chair, wrote a letter to himself, on behalf of then fisheries minister Bernhardt Esau, titled “Urgent Regulatory Reform: Marine Resources Act - 2000”.

Esau then dutifully signed the letter on the same day.

This was effectively the prelude to Fishrot, as the amendment to the Act gave Esau extensive powers to dish out fishing quotas.

Today, fishing families and ordinary Namibians still bear the brunt and others have even committed suicide.

If Olivier is to be believed, the document will live on in infamy in Namibian history, just as 9/11 will forever echo in the minds of Americans across the world.

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Namibian Sun 2024-04-27

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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$ 2 338.05/OZ UP +0.31% | Copper US$ 4.54/lb UP +0.71% | Zinc US$ 2 869.50/T UP 0.15% | Brent Crude Oil US$ 88.96/BBP UP +0.08% | Platinum US$ 913.47/OZ DOWN -0.0026 Sport results: Premier League: Everton 1 vs 0 Brentford | Newcastle 5 vs 1 Sheffield United | Fulham 1 vs 1 Crystal Palace | Manchester United 1 vs 1 Burnley | Wolves 2 vs 1 Luton Town | West Ham 2 vs 2 Liverpool | Brighton 0 vs 4 Manchester City | Manchester United 4 vs 2 Sheffield United | Everton 2 vs 0 Liverpool | Crystal Palace 2 vs 0 Newcastle | Wolves 0 vs 1 Bournemouth LaLiga: 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: Juventus 0 vs 0 AC Milan | Lecce 1 vs 1 Monza | Frosinone 3 vs 0 Salernitana | Udinese 1 vs 2 AS Roma European Championships Qualifying: Norwich City 2 vs 2 Swansea City | Watford 1 vs 0 Sunderland | Sheffield Wednesday 3 vs 0 West Bromwich Albion | Bristol City 2 vs 0 Rotherham United | Southampton 0 vs 1 Stoke City | Huddersfield Town 1 vs 1 Birmingham City | Blackburn Rovers 0 vs 0 Coventry City | Cardiff City 1 vs 4 Middlesbrough | Millwall FC 1 vs 0 Plymouth Argyle | Queens Park Rangers 4 vs 0 Leeds United | Coventry City 2 vs 3 Hull City English Championship: Norwich City 2 vs 2 Swansea City | Watford 1 vs 0 Sunderland | Sheffield Wednesday 3 vs 0 West Bromwich Albion | Bristol City 2 vs 0 Rotherham United | Southampton 0 vs 1 Stoke City | Huddersfield Town 1 vs 1 Birmingham City | Blackburn Rovers 0 vs 0 Coventry City | Cardiff City 1 vs 4 Middlesbrough | Millwall FC 1 vs 0 Plymouth Argyle | Queens Park Rangers 4 vs 0 Leeds United | Coventry City 2 vs 3 Hull City Weather: Katima Mulilo: 16° | 31° Rundu: 20° | 32° Eenhana: 17° | 33° Oshakati: 19° | 33° Ruacana: 16° | 33° Tsumeb: 17° | 31° Otjiwarongo: 17° | 30° Omaruru: 19° | 32° Windhoek: 16° | 28° Gobabis: 17° | 28° Henties Bay: 17° | 25° Wind speed: 19km/h, Wind direction: S, Low tide: 11:03, High tide: 05:02, Low Tide: 23:14, High tide: 17:32 Swakopmund: 16° | 22° Wind speed: 21km/h, Wind direction: SW, Low tide: 11:01, High tide: 05:00, Low Tide: 23:12, High tide: 17:30 Walvis Bay: 18° | 29° Wind speed: 28km/h, Wind direction: SW, Low tide: 11:01, High tide: 04:59, Low Tide: 23:12, High tide: 17:29 Rehoboth: 18° | 29° Mariental: 21° | 32° Keetmanshoop: 22° | 33° Aranos: 18° | 31° Lüderitz: 16° | 28° Ariamsvlei: 22° | 33° Oranjemund: 14° | 25° Luanda: 25° | 30° Gaborone: 15° | 26° Lubumbashi: 11° | 24° Mbabane: 11° | 20° Maseru: 10° | 23° Antananarivo: 15° | 24° Lilongwe: 13° | 24° Maputo: 17° | 26° Windhoek: 16° | 28° Cape Town: 16° | 23° Durban: 15° | 24° Johannesburg: 14° | 23° Dar es Salaam: 23° | 30° Lusaka: 15° | 25° Harare: 12° | 24° Economic Indicators: Currency: GBP to NAD 23.44 | EUR to NAD 20.1 | CNY to NAD 2.59 | USD to NAD 18.8 | 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 3.66 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.22 | USD to AOA 834.06 | USD to BWP 13.79 | USD to EGP 47.85 | USD to KES 134.48 | USD to NGN 1329.44 | USD to ZAR 18.78 | 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 13354.97 Up +0.06% | Egyptian Exchange (EGX) 30 Index 25917.59 Down -3.21% | Botswana Stock Exchange (BSE) DCI 9142.54 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$ 2 338.05/OZ UP +0.31% | Copper US$ 4.54/lb UP +0.71% | Zinc US$ 2 869.50/T UP 0.15% | Brent Crude Oil US$ 88.96/BBP UP +0.08% | Platinum US$ 913.47/OZ DOWN -0.0026