Henning Melber
Guest Author
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/ 28 May 2007

Corruption, made in Namibia

Tens of millions of Namibian dollars that were dished out as credits to black empowerment initiatives by the Namibian Development Corporation (NDC) will not be repaid during the parastatal’s liquidation, the NDC’s executive secretary told Parliament last month. This is despite the fact that many of the recipients are among Namibia’s nouveau riche.