BIPA CEO suspended, pending investigation
March 5, 2018, 4:11pm
The Business and Intellectual Property Authority (BIPA) chief executive officer, Tileinge Andima, has been suspended in the midst of ongoing investigations with regards to irregularities uncovered in the purchase of a bar worth N$18 million in Katutura.
Reports spilled in the media with allegations that Andimba and Trade and SME Development permanent secretary, Gabriel Sinimbo conspired to purchase this property without board or ministerial approval.
It is alleged that the property was bought above its market value.
A weekly also reported that BIPA had to fork out another whopping N$11 million for renovations of the old building located on a 1214 square meters’ piece of land in Shire Street, Wanaheda, Katutura.
Speaking to The Villager yesterday over the phone, BIPA board chairperson, Riundja Kaakunga, confirmed the suspension of Andimba which he said came as a result of independent investigators who had been roped in to deal with him.