insert_link Namibia Court orders seizure of 10 bank accounts with N$52.5 million By: Hertha Ekandjo Namibian authorities have seized 10 bank accounts holding N$52,5 million earned from illegal coal mining in South Africa. Court papers seen by NewsonOne reveal that the Prosecutor-General's Office acquired a preservation of property order against Jacobus Hosea Jordaan and his wife, Elza Jordaan. The order also covers Farm Welgevonde and the Namka Trust. Eight of the 10 accounts with the First National Bank of Namibia belong to […] today23 January, 2025
insert_link Uncategorized Namibia and South Africa seize funds linked to illegal mining activities Extracted coal The Financial Intelligence Centre and the Prosecutor-General's Office, in partnership with South Africa’s National Prosecuting Authority’s Asset Forfeiture Unit and SA’s Financial Intelligence Centre, have seized around N$52.5 million from eight Namibian bank accounts. The funds, linked to Jacobus Hosea Jordaan and his wife Elza Jordaan, are allegedly tied to illegal coal mining in Mpumalanga’s Carolina area. The case, which was first reported by News24 highlights strong cross-border […] today21 January, 2025
