National Fishing Corporation of Namibia (Fishcor)

03 Nov

Fishcor Ex Boss exposes Swapo fishing quota benefits

ObserverObserver MoneyMike Nghipunya, National Fishing Corporation of Namibia (Fishcor), SWAPO

Eba Kandovazu DESPITE the ruling party denying that it benefited from Namibia’s biggest fishing corruption, former Chief Executive Officer (CEO) of State-owned National Fishing Corporation of Namibia (Fishcor), Mike Nghipunya, says the party benefited by receiving N$44 million from fishing quotas in 2017. This payment, he says was paid directly to Swapo. Nghipunya was testifying in the Windhoek High court today, in his bid to get bail. The State yesterday said he does not pose a flight risk. He is offering to pay N$ 200 000 for bail. In his testimony today, Nghipunya corroborates an audit report presented to him…

Nine shortlisted for Fishcor CEO post

ObserverObserver MoneyNational Fishing Corporation of Namibia (Fishcor)

Staff Writer National Fishing Corporation of Namibia (Fishcor) has announced it has shortlisted nine candidates for the vacant Chief Executive Officer (CEO) position and plans to appoint a candidate next month. The company has been operating without a substantive CEO since December 2019, following the suspension and subsequent arrest of Mike Nghipunya last February after being implicated in the Fishrot scandal, resulting in his employment termination last November. “The position was advertised in November and closed on the 27 November 2020. The Board is conscious that the CEO search process is not hastened nor slowed, taking into account the December…