Namibia: DRC general battles to save N$40m in blocked account – News

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Africa Links 24 with Werner Menges
Published on 2024-11-21 17:00:00

The Bank of Namibia and a retired army general from the Democratic Republic of Congo are in a court battle about more than N$40 million in a Namibian bank account, after the central bank decided to forfeit the funds in the account to the state.

The retired general, François Olenga, is suing the Bank of Namibia (BoN), the director of the Financial Intelligence Centre (FIC) and Nedbank Namibia (Nedbank) in the Windhoek High Court in an attempt to avoid losing more than N$40 million in a…

Read the Full article on The Namibian

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