Bank Windhoek addresses employee theft

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.

January 15, 2024 36

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.

November 28, 2023 14