Moller out on N$15 000 bail

ELLANIE SMIT WINDHOEKDavid ‘Dawie’ Moller, the managing director of D&M Rail Construction, a company co-owned by Fishrot accused James Haituikulipi, was released on N$15 000 bail yesterday.He appeared in the Gobabis Magistrate’s Court yesterday after he was arrested on 5 January.He has been charged on two counts under the Prevention of Organised Crime Act, for money laundering and for failing to declare funds.His case has been postponed to 28 April for further investigation.He appeared in front of Magistrate Eben Iyambo, with prosecutor Faith Nyaungwa arguing for the state and Christian Nambahu for the defence. ArrestsHatuikulipi was arrested in November 2019 with former justice minister Sacky Shangala, former fisheries minister Bernhardt Esau, his cousin Tamson ‘Fitty’ Hatuikulipi - who is married to Esau's daughter – as well as Ricardo Gustavo and Pius Mwatelulo.At that time, James Hatuikulipi was the managing director of Investec Asset Management Namibia, as well as chairman of the board of the National Fishing Corporation of Namibia (Fishcor). Gustavo worked with him as a senior executive at Investec and is also the sole shareholder of Nengomar Namibia, a company that was allegedly a beneficiary of the quota fraud. Mwatelulo was an administrator at Hangeneni Investment Holdings.Mike Nghipunya, former CEO of Fishcor, was also later arrested.ChargesThey face charges of fraud, tax evasion, bribery, corruption, money laundering and conspiracy to commit corruption.It is alleged that N$75.6 million in bribes was channelled by Fishcor to various law firms as well as entities in which they had interests.Moller was arrested at his farm, Arhem, near Leonardville. It borders Shanghala and James Hatuikulipi's farms Dixie and Gunsbewys.Namibian Sun could not reach Nambahu for comment yesterday, while Moller’s phone was also unreachable.

Moller out on N$15 000 bail

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Namibian Sun 2025-10-16

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Moller out on N$15 000 bail

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Namibian Sun 2025-10-16

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