Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Hatuikulipi spun web of lies, says investigator

Home Front Page News Hatuikulipi spun web of lies, says investigator

James Hatuikulipi, one of the central figures in the multi-million-dollar fisheries bribery scandal called Fishrot, is at it again as he stands accused of attempting to tamper with the ongoing investigations by orchestrating misleading lies.

The former Investec Asset Management Namibia managing director and Fishcor board chairperson is accused of having prepared documents for individuals and entities in different jurisdictions instructing them to lie about the questionable funds they have 
received.

This came to light during the bail hearing of suspended CEO of Fishcor Mike Nghipunya, the co-accused to Hatuikulipi, former ministers Bernhardt Esau and Sackey Shanghala, Tamson Hatuikulipi and Pius Mwatelulo, in the case in which they are accused of syphoning N$75.6 million from Fishcor. 

Hatuikulipi allegedly informed the beneficiaries they should say the money they received was not paid to them under the pretext of corruption, said Willem Olivier, an investigator from the Anti-Corruption Commission of Namibia (ACC).
The anti-graft agency has allegedly been trying to get cooperation from different states where some of the money was transferred. 
ACC wants to conduct investigations in Dubai, the Democratic Republic of the Congo, Zimbabwe, Angola, Cyprus, Norway, Iceland and Spain. 
Olivier testified that these countries have not been forthcoming. 

It is not the first time Hatuikulipi stands accused of trying to tamper with ongoing investigations. 
He currently has a case against him in which he, Jason Iyambo and police reservist Sakaria Kuutondokwa are accused of attempting to bribe an ACC investigator in order to get hold of evidence seized in connection to N$130 million fisheries bribery case. 
Olivier testified the money was transferred from Fishcor and allegedly paid through the company Celax Investment Number One (Pty) Ltd, via the law firm De Klerk, Horn & Coetzee Incorporated under the pretext it was for governmental objectives.
De Klerk, Horn & Coetzee Incorporated then distributed the money to entities such as Olea Investments, Amadara Trust, Otwafika Logistics, and JTH Trading amongst others. These entities are tied to the accused persons in the matter.

Celax Investment Number One (Pty) Ltd allegedly paid an amount of N$10 million to Saga Seafood Investment Trust, who then paid Fine Seafood Investment Trust where Nghipunya is one the signatories.
From Fine Seafood Investment Trust, money was transferred to Endjabo Investments, who then made payments to Gwanyemba Investment Trust in which Nghipunya is a trustee and a beneficiary.
Olivier testified ACC is investigating Lotus Investments and Sisa Namandje & Co law firm trust for money paid to them by Fine Seafood Investments.
mamakali@nepc.com.na