Windhoek Accountant Remanded in Custody Over N$100 Million Fraud Allegations

Michael Bronkhorst, accused of orchestrating a fraudulent loan scheme exceeding N$100 million, faced the Windhoek Magistrate’s Court on two fraud charges. Reports indicate that following his arrest last week, the court postponed his case to July 15 for further police investigations. Public prosecutor Eric Naikaku opposed bail, citing early-stage investigations and concerns over flight risk, emphasizing the seriousness of the charges.