Venaani labels GIPF lost millions 'greatest miscarriage of justice'

22 Aug 2019 17:10pm
WINDHOEK, 22 AUG (NAMPA) – The admission by Prosecutor General (PG) Martha Imalwa that around N.dollars 660 million from the Government Institutions Pension Fund (GIPF) has vanished in thin air and cannot be traced is the ‘greatest miscarriage of justice’.
This is according to the leader of the official opposition, Popular Democratic Movement (PDM) President, McHenry Venaani during a media conference in the capital on Thursday.
He said the fact that those who looted the pension fund will never have a day in court to account or repay ‘taxpayers’ money’ is a clear indication that the PG is not fit to occupy the office.
The PDM is of the view that international security agencies should be roped in to assist the PG and GIPF in tracking down those who appropriated funds under the guise of Offshore Development Company (ODC) and Development Capital Portfolio (DCP).
Imalwa declined to prosecute on 18 out of 20 dockets investigated in the N.dollars 660 million allegedly lost at GIPF.
This, the PG, said was because documentary evidence could not be retrieved and those who gave out the loans have no independent recollection of what transpired in the absence of documents and that some key people are deceased, something that does not sit well with Venaani.
Consequently, Venaani through a letter which he declined to reveal to the media, asked President Hage Geingob, who is the appointing authority of the PG – on the recommendation of the Judicial Service Commission – to relieve Imalwa off her duties, citing gross incompetence.
“The GIPF saga is a miscarriage of justice,” he said.
He went to charge that if Namibians sit back and watch while the country’s opulent wealth continues to be misplaced, misused and misappropriated while those who perpetuate these crimes are allowed to go scot-free; they will only have themselves to blame when the State’s coffers are empty.
“Up to now as we speak, nobody has been taken to task about the SME Bank. This is how the cookie crumbles. The government is deliberately playing with time [deploys delay tactics] in order to protect those that are involved,” he said.
Venaani said he will engage a number of political parties, civil society, traditional and religious-based entities to buy into the national march his party will be holding to assert pressure for the PG to be dismissed, as well as for the missing funds to be recouped.
At the time of publication, State House could not confirm whether or not Venaani’s letter had been received by Geingob.
“The GIPF saga must be put to test in the High Court,” Venaani added.
Imalwa on Wednesday held a media conference, in which she said those who accuse her of being incompetent in the position she has occupied for 16 years have sinister motives.