N$50 000 bail in Air Nam theft case
N$50 000 bail in Air Nam theft case

N$50 000 bail in Air Nam theft case

Fred Goeieman
The Windhoek Magistrate's Court yesterday heard that N$190 000 was still missing from the N$1.1 million attempted theft at Air Namibia on 4 October.

A second co-accused, Tangi 'Mox' Namwandi, 33, appeared before court along with Air Namibia employee Penna Munyunda, 31, who was arrested last week.

The two were granted bail of N$50 000 each by Magistrate Vanessa Stanley.

Last year in June, Namwandi was arrested for possession of four rhino horns during a sting operation. He is still out on bail of N$50 000 in that case.

He is said to be the nephew of murder convict Lazarus Shaduka, currently serving a 20-year prison term.

Both Munyunda and Namwandi yesterday brought a formal bail application, which was granted under stringent conditions.

Sisa Namandje, representing Namwandi, had requested bail of N$5 000 for his client while Christian Nambahu, appearing for Munyunda, had requested N$10 000 bail.

The lawyers argued that only N$190 000 was missing. “The other amount is in the bank. There is no loss except the N$190 000,” they argued.

Namandje argued that his client could not pay N$50 000 but could afford N$5 000. “Bail can never be used as some kind of punishment,” Namandje stressed.

Both men must report to the investigating officer at the police's commercial branch in Ausspannplatz every Monday.

Furthermore, they were ordered to hand in all their travel documents to the investigating officer and were informed they were not allowed to apply for new travel documents, pending the finalisation of their fraud and theft case.

The two were also ordered not to leave the district of Windhoek without informing the investigating officer.

Prosecutor Rowan van Wyk strongly objected to the defence lawyers' bail reduction requests, arguing that N$50 000 was a reasonable amount given that N$1.1 million was involved in the matter.

Magistrate Stanley agreed with Van Wyk and fixed the bail amount at N$50 000.

Namwandi and Munyunda are accused of attempting to steal N$1.1 million from Air Namibia by trying to divert a payment to Standard Bank.

The bank alerted the airline that an illegal diversion of money meant for the Namibia Airports Company had been received. The case was postponed to 8 February for further investigation.



FRED GOEIEMAN

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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$ 2 304.95/OZ DOWN -0.0124 | Copper US$ 4.39/lb DOWN -0.0177 | Zinc US$ 2 786.00/T DOWN -1.69% | Brent Crude Oil US$ 86.39/BBP DOWN -0.009 | Platinum US$ 903.26/OZ DOWN -0.0192