Abuse of state organs enables mafia style corporate governance

Niël Terblancé The arrest of Jennifer Comalie, the board chairperson of the Namibian Petroleum Corporation on Monday, and the resulting debacle surrounding the matter, has revealed that state organs or certain parts of such institutions has been captured and that state-owned companies are run by people who can be equated to gangsters. The shocking threat of all out gangsterism in the top tiers of Namcor’s management was laid bare in a letter dated 28 March 2023 and written by the Minister of Finance and Public Enterprises, Ipumbu Shiimi, and addressed to the Inspector General of the Namibian Police, Lieutenant General…