Jack Huang gets N$1 million bail
Influential Chinese businessman Jack Huang has been granted bail of N$1 million, just a day after he was arrested by the Namibian police in connection with the N$3.5 billion tax evasion, fraud and money-laundering case before the Windhoek Magistrate’s Court. Huang was arrested at the Hosea Kutako International Airport on Wednesday where he was preparing to board a plane to Angola, where he allegedly has numerous business interests. Magistrate Ruben Mutuku granted the N$1 million bail on condition that the accused report between Monday and Friday once a week at the Windhoek Police Station and ordered that if he is not in Windhoek he must do so at the nearest police station. Huang is represented by prominent lawyer Sisa Namandje.
FRED GOEIEMAN
FRED GOEIEMAN
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Namibian Sun
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