Kora judgment delayed again

ELLANIE SMITWINDHOEKJudgment in the legal battle involving the cancelled Kora Music Awards event has been postponed again.Judge Herman Oosthuizen, who was supposed to deliver the judgment in the matter on 9 December last year, on Friday postponed the delivery of it to Thursday, because it was still not ready.The matter between the Namibian Tourism Board (NTB) and Mundial Telecom Sarl has been serving before the High Court for several years and finally went to trial at the end of April last year.It dates back to September 2016 when NTB first sued Mundial Telecom Sarl, Kora Awards founder Ernest Adjovi and Tonata Shiimi for N$23 million (plus 20% interest), which it had paid for a Platinum Tourism Package to market Namibia.Mundial Telecom owns the rights to host the Kora Awards, while Adjovi acted as the president of the company and Shiimi was the national director of the awards.Late paymentsMundial Telecom resolved to host the Kora Awards event in Namibia on 20 March 2016. The Kora Awards was initially scheduled to take place on 13 December 2015, but was then postponed.As per the contract that was signed on 4 December 2015, the NTB had to pay N$23.5 million on or before 10 December 2015.However, court documents show that the first payment of N$5 million was made on 22 December 2015 and the second (N$5 million) was made on 23 December 2015.On 7 January 2016, another N$5 million was transferred and on 17 February 2016, N$8.5 million paid.The money was paid into the bank account of Mundial Telecom in Abidjan, Ivory Coast.The last payment was done about a month before the awards were to take place in Namibia, while the promised promotional package guaranteed promotional television clips featuring Namibia would be on all participating African television stations by at least 20 January 2016.ellanie@namibiansun.com

Kora judgment delayed again

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Namibian Sun 2022-05-26

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Kora judgment delayed again

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Namibian Sun 2022-05-26

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