Shiimi grilled over DBN dealings

By Jeremiah Ndjoze

AS the scourge of corruption cases continues to threaten the country’s welfare, lawmakers in Namibia have become increasingly vocal around issues of alleged financial mismanagement.

Today, Minister of Finance Iipumbu Shiimi is expected to answer to questions that were posed by the deputy leader of the Landless People’s Movement (LPM) Henny Seibeb in parliament most of which centre around a N$180 million loan that the Development of Namibia (DBN) is said to have advanced to businessman, Onesmus ‘Tona’ Amadhila – but has ostensibly been handled with added leniency.

In the notice of questions, which was tabled in parliament on Thursday, September 9 Seibeb suggests that Amadhila allegedly received loans amounting to about N$180 million, ‘and defaulted on repayments but was nonetheless granted special treatment from the DBN’.

Read the full story in this week’s edition.