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Financial Crime

2 Results / Page 1 of 1

Background

Business / Economics

Bank Windhoek addresses employee theft

Bank Windhoek's Managing Director, Baronice Hans says that the amount of money stolen by an employee, Nico Rebebe is less than N$2 million. She assured that customer funds remain unaffected due to robust systems and controls in the bank. Police crime reports earlier revealed that Rebebe transferred N$200 million, splitting it between two different bank accounts opened on 20 December 2023.

todayJanuary 15, 2024 25

Africa

Trial against Zambia’s former first lady begins

A trial against Zambia's former first lady Esther Lungu, the wife of ex-President Edgar Lungu, has begun in Lusaka. The BBC reports that she has been charged with the theft of three vehicles, theft of a title for a property in Lusaka, and possession of $400,000 alleged to be proceeds of crime.

todayNovember 28, 2023 11

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