NovaNam scam case awaiting PG's decision

20 Feb 2014 13:50pm
KEETMANSHOOP, 20 FEB (NAMPA) -Suspended NovaNam human resources manager David Pokolo and his co-accused Jesaya Panduleni and Davies Nkalamo are awaiting the Prosecutor-General (PG)’s decision on their case.
Chief Inspector Bennie Groenewald of the Namibian Police Force (NamPol) in Keetmanshoop confirmed on Thursday that the case has been postponed to 30 May 2014 for the PG’s decision.
The trio were arrested in October last year in connection with the scam in which nine sacked employees of the NovaNam Fishing Company lost a total of N.dollars 1 121 258 in pension money invested with the Old Mutual Pension Fund.
Further information received from the Lüderitz Magistrate’s Court where they appeared on Tuesday indicates that their case was referred to PG Martha Imalwa for a decision on which charges they must be prosecuted on.
The PG will also decide which court will hear their trials – this could be the High Court in Windhoek, the regional court in Keetmanshoop or the Lüderitz Magistrate’s Court.
A police incident report availed to Nampa last year indicates that the three suspects face charges ranging from fraud and forgery to uttering and money-laundering.
“Pension money withdrawals were completed whilst employees were on suspension/dismissals. Claim forms were completed without following the right procedures with intent for financial gain,” the police report reads.
The same report also shows that of the N.dollars 1 121 258, an amount of N.dollars 52 611, 81 was recovered from the Standard Bank account of a person whose name is known, but who has not been arrested yet.
Another N.dollars 65 000 was recovered from the account of M+Z Motors, allegedly a deposit on a vehicle by Panduleni. A preservation order was placed on these two accounts where the money was recovered.
Pokolo is out on bail of N.dollars 25 000, while Panduleni and Nkalamo received bail of N.dollars 7 000 each.
Magistrate Peingondjabi Shipo on Tuesday extended the three suspects’ bail.
Prosecutor Martino Olivier represented the State during their appearance.