BI City fraud trial continues in June 2018

30 Aug 2017 14:10pm
WINDHOEK, 30 AUG (NAMPA) - The continuation of the trial of three business people arrested in connection with fraud and other charges surrounding the B1 City property development project, will resume in the High Court at the end of June 2018.
The continuation of the trial resumes on 25 June 2018, and will run until 29 June 2018 as per agreement reached between the prosecution and defence team in court on Wednesday morning.
The date was decided upon between the two parties today before High Court Judge Christie Liebenberg during a pre-trial conference of case management review.
In the matter, Hafeni Nghinamwaami is charged alongside Anna Ndoroma and former Roads Contractor Company (RCC) Chief Executive Officer, Kelly Nghixulifwa.
They each face eight main charges including corruption, fraud, theft, and money laundering.
These charges stem from the RCC’s involvement in the B1 City property development project opposite the Katutura State Hospital during 2005 and 2006.
It is alleged that Nghixulifwa was a shareholder in both /Ae //Gams Engineering and Cradle Investments, but apparently concealed his stake in the two companies by having his shares held in Ndoroma’s name.
The RCC Board of Directors was allegedly kept in the dark about Nghixulifwa’s stake in /Ae //Gams Engineering, in which Nghinamwaami and Ndoroma were allegedly also shareholders.
All three are free on bail of N.dollars 60 000 each.
Advocate Louis Botes, lawyers Silas Kishi-Shakumu and Henry Shimutwikeni represent the three accused persons.
State Advocate Simba Nduna appear for prosecution.