Plots thickens in N$800K FNB theft

13 July 2018 | Justice

The 29-year-old man, who is accused of stealing N$800 000 in cash from an FNB branch in Oshakati, resigned immediately after he was placed on suspension over the missing money.

This was revealed in the Oshakati Magistrate's Court by George Shivute during his formal bail application before Magistrate Walter Mikiti.

Shivute, who was employed as an ATM custodian, was served with a suspension letter on 22 June, following the disappearance of the cash, and he subsequently resigned from the bank.

He was arrested four days later on 26 June and is currently in police custody.

Shivute is facing a count of theft and a charge of attempting to defeat the course of justice, after N$800 000, which was a portion of the N$1 060 000 he was entrusted to load onto an ATM on 24 April, disappeared.

He is also accused of tampering with the CCTV camera and alarm system that monitors the ATM into which the cash was to have been loaded.

During cross-examination by state prosecutor Mpule Siyomunji, Shivute claimed he has no knowledge of why he was arrested.

He informed the court his highest education qualification is a grade 12 certificate and he has no property on his name.

He is the father of an 8-month-old baby.

Shivute also informed the court he does not remember the events of 24 April and that he will remain silent on the allegations until his trial.

He also denied signing an acknowledgement of debt, which was provided in court, in which he indicated he agreed to be indebted to the bank for an amount of N$800 000.

He further denied the accusation that he had informed the bank he used the money to buy two cars.

The state is opposing bail on the grounds that it has a strong case against the accused.

The state also fears he may abscond, that he may interfere with ongoing investigations and that granting him bail will not be in the public interest or in the interest of the administration of justice.

The police investigator in the matter, Hamunyela Haitange, testified he agrees with the prosecutor.

During cross-examination by the defence lawyer Marcia Amupolo, Haitange alleged attempts had already been made by the mother of the accused to interfere with police investigations.

He testified that Shivute's mother and brother came to the police station on 2 July and accused the investigator of being involved in the disappearance of the bank's money.

Haitange said if bail is granted to the accused, who was employed at FNB for 11 years, he is very likely to interfere with investigations directly or indirectly, because of his knowledge and the loyalty he has built up with colleagues over the years.

Haitange said 12 more ATMs still need to be investigated and it is therefore not the best time to grant the accused bail.

Submissions were completed yesterday and judgement is expected today.

KENYA KAMBOWE

Similar News

 

No mechanical failure in Dippenaar crash

21 hours ago | Justice

Mechanical failure cannot be blamed for the horrific accident that killed six people between Henties Bay and Swakopmund on 29 December 2014.This statement was made...

Erindi already has waiver

1 day - 19 November 2018 | Justice

ELLANIE SMIT New evidence has come to light in the court battle between Erindi Private Game Reserve and government...

Child-trafficking case heads to High Court

1 day - 19 November 2018 | Justice

OTIS FINCK The case in which Alexander Krylov and Anna Katrina Engelbrecht face 32 charges of child trafficking, rape and offences committed under the Immoral...

Otjimbingwe murder suspect appears

1 day - 19 November 2018 | Justice

The 27-year-old man suspected of a murder and kidnapping at a farm in the Otjimbingwe area appeared before the Karibib Magistrate’s Court on Thursday. ...

ID parade for Otjimbingwe suspect

5 days ago - 15 November 2018 | Justice

An identity parade will be held to determine whether a 27-year-old man who appeared on Tuesday in the Rundu Magistrate's Court, where he pleaded guilty...

CEO testifies against Katrina

6 days ago - 14 November 2018 | Justice

Katrina Hanse-Himarwa's lawyer, Sisa Namandje, yesterday accused the State of withholding a statement made by a key witness in the former Hardap governor's corruption trial.Namandje...

Leave abusers - Shanghala

1 week ago - 13 November 2018 | Justice

JEMIMA BEUKES Justice minister Sacky Shanghala has urged those in abusive relationships to leave their partners.Shanghala also strongly urged...

Valombola docket bungle explained

1 week ago - 13 November 2018 | Justice

The case against Home Affairs commissioner for refugees Likius Valombola (53), who is free on N$15 000 bail, was postponed on Thursday because the docket...

Rape sentences 'too compassionate'

1 week ago - 08 November 2018 | Justice

The Popular Democratic Movement Women's League (PDMWL) has expressed concern about the lenient sentences being meted out to rapists. It said these sentences are too...

Court interdicts Ondonga king

2 weeks ago - 05 November 2018 | Justice

Six dismissed leaders of the Ondonga Traditional Authority on Friday successfully obtained an Oshakati High Court interdict against the appointment of five new leaders to...

Latest News

Everyone is struggling

21 hours ago | Social Issues

Poverty eradication minister Zephania Kameeta has slammed those who criticise the government's food bank initiative, saying even those critics with so-called good salaries are finding...

Kahimise, City showdown today

21 hours ago | Government

The Windhoek High Court is today set to hear arguments from twice-suspended Windhoek CEO Robert Kahimise, who is battling to be reinstated. Kahimise, who was...

China: ‘No developing country will...

21 hours ago | Economics

BEIJING - China's foreign ministry said on Sunday that no developing country would fall into a debt trap simply because of its cooperation with Beijing.Chinese...

Bitcoin sinks to new 13-month...

21 hours ago | Business

Bitcoin slumped to a new 13-month low on Monday, with the biggest cryptocurrency touching US$5 173.23 on the Bitstamp platform. Bitcoin was last down 5.2%...

A toast to success

21 hours ago | People

Tunohole Mungoba After completing her entrepreneurship and new venture management studies at the University of Namibia (Unam), 24-year-old Anna Shuuya started pondering different business ideas.I...

Huge wage bill unsustainable

21 hours ago | Columns

Bank of Namibia governor Iipumbu Shiimi has become the latest official to speak out against the rampant state wage bill, which currently stands at almost...

Date nights with yourself

21 hours ago | Opinion

Elizabeth JosephI know it sounds crazy; like who in their right mind would sit in a restaurant, order a three-course meal and eat it all...

Good Business

21 hours ago | Banking

The Development Bank of Namibia (DBN) held its annual Good Business Awards and Innovation Award ceremony in Windhoek on Thursday evening. The black-tie event saw...

Shack fires bring death, misery

21 hours ago | Accidents

Katrina Immanuel (9) and her brother Thomas (8) were burned beyond recognition after their shack caught fire during the early hours of Sunday morning at...

Load More