Africa Links 24 with Staff Reporter
Published on 2024-10-07 17:00:00
Secretary to Cabinet George Simataa says SME Bank directors told the Bank of Namibia (BoN) the money stolen from the now defunct bank was “peanuts”.
Simataa says this in his memoir, ‘Timeless: My Career in the Public Service’, which was published last week.
In the book, he recounts how the public perceived him and other board members as “thieves and corrupt individuals who stole from the poor”.
Around N$247 million was stolen from the SME Bank.
Simataa says a heated…
Read the Full article on The Namibian
