now-defunct Small and Medium Enterprises Bank

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Namibia

Businesswoman Tania Hangula Agrees to Repay Portion of Funds from Defunct SME Bank as Activist Rinaani Musutua weighs in

Businesswoman Tania Hangula has agreed to reimburse N$4 million of the N$6.6 million she received from the now-defunct Small and Medium Enterprises Bank. Between 2015 and 2019, Hangula utilized these funds for various purposes, including purchasing a beach property, a Mercedes-Benz, and financing trips to Dubai and other countries. Activist Rinaani Musutua weighs in.  

today18 March, 2024