Namibia: N$96.9m in suspected illicit funds frozen – Business

Namibia has reportedly frozen over N$96.9 million in suspected illicit funds, supporting 148 investigations in the past year, according to statistics by the Financial Intelligence Centre.

This was revealed by minister of information and communication technology Emma Theofelus at the Standard Bank Anti-Financial Crime Conference 2025 which commenced yesterday.

This year’s theme is ‘Combating Financial Crime in the Age of Artificial Intelligence and Geopolitical Unrest’.

Over…