08
Sep
Andrew Kathindi The National Fishing Corporation of Namibia (Fishcor) board led by Heinrich Mihe Gaomab II has threatened to terminate agreements entered into by the company, including its investment into Seaflower Pelagic Processing (SPP). The decision by the company comes after a damning judgment delivered by Deputy Judge President Hosea Angula in which it described SPP’s relationship with Fishcor as cozy and parasitic, while terms of their 15 year agreement was only going to be possible “under a corrupt environment.” “Having acknowledged judgment outcome and in full and unequivocal support of it, we wish to state that while the judgment…