Accused in Standard Bank N$4.6 million fraud saga set free

24 Oct 2017 14:30pm
WINDHOEK, 24 OCT (NAMPA) - The Standard Bank Namibia employee arrested in January 2016 and charged with fraud over the disappearance of N.dollars 4.6 million, was provisionally set free on Tuesday.
Charles Winston Manale was set free temporarily owing to the Office of the Prosecutor-General (PG)’s failure to make its decision on the matter in time.
The charges will, however, be reinstated once the PG’s decision on the matter is ready.
The fraud case had on 15 August 2017 been remanded until 24 October 2017 to allow the PG's office to pronounce itself on the matter, but the decision was still not made available before court during the accused's appearance on Tuesday.
As a result, Public Prosecutor Cedric Tubeho Mundia asked Magistrate Sebby Alweendo Venatius for a further postponement of the matter but his request was rejected as the court could not entertain the prosecution's request of another remand, leading to the charges against the accused being provisionally withdrawn.
Manale was represented by privately-instructed defence lawyer, Brownell Uirab who took over the case from Meriam Kenaruzo, who is reported to have relocated from Windhoek to another town.
The Namibian Police Force Commercial Investigations’ Unit formally arrested Manale in respect of the missing money when he surrendered himself to the police on 28 January 2016 after being on the run since 20 December 2015.
According to the charge sheet, the accused worked at Standard Bank Namibia's Trust Account Division in Windhoek at the time of the disappearance of the money.
Manale has been in police custody with no option to post bail. He launched an unsuccessful formal bail bid on 26 May 2016.