Ndeitunga foresees prosecutions in GIPF millions

Ndeitunga foresees prosecutions in GIPF millions

The Namibian Police Inspector General, Lieutenant General Sebastian Ndeitunga, is convinced that some companies and individuals will be prosecuted for the missing N$660 million that belonged to the Government Institutions Pension Fund (GIPF).

Ndeitunga told New Era Weekend that the police have concluded investigations into some of the dockets and are working with the office of the prosecutor general for her decision on whether to prosecute.

GIPF was swindled of about N$660 million in loans granted to several local companies from its now defunct Development Capital Portfolio (DCP) about two decades ago. Some of the companies had little or no business mileage while others suspiciously went bankrupt after receiving loans.

Over the years the police and the office of the prosecutor general have been playing ping-pong with the GIPF dockets, causing further delays in the hunt for the missing millions.

In the past, Ndeitunga had blamed the slow pace on witnesses and suspects who refused to fully cooperate with investigators.

However, during an interview this week, Ndeitunga said: “The investigations in many dockets have been finalised but there are still those under investigation.”

“What is important is the fact that some of the dockets are with the prosecutor general. Soon we will see some of them going to court,” he said.

This means some of the companies or individuals could face civil or criminal processes in the questionable investment deals.

In 2014, the police cleared seven companies of prosecution because they were found to have honoured their obligations.

It was further confirmed that the police are finalising the instructions of Prosecutor General Martha Imalwa in four dockets, which should be returned to the prosecutor’s office by the end of this month.

At the time the police’s Criminal Investigation Department (CID) together with a South African company, Nexus Forensic Services, was carrying out forensic audits into 23 dockets.

Unionist Evilastus Kaaronda was pessimistic about the latest developments and maintains he is yet to be convinced.
“If all things were equal under the law, the news about prosecuting people after such a long time would have [been] exciting and I would jump because justice is finally being served,” noted Kaaronda.

“But some key people who would have been in a position to answer questions as to what happened have passed on to the other life. They are dead. I do not know how their absence will affect the case,” he said.

“This process was delayed deliberately. But if people are prosecuted in this matter, it will restore a lot of confidence in the system.”

“Be that as it may, I do not have a lot of faith in the system. I don’t believe much will change or that anybody will be prosecuted in the GIPF case. Some of us have been fighting for these things for a long time and we are not that young to be fooled easily.”

Kaaronda, who was National Union of Namibian Workers (NUNW) secretary general at the time the GIPF saga surfaced at the turn of the century, had previously indicated that the money can still be recovered provided “the workers are determined to get answers and get their money”.

He has since founded the Namibia National Labour Organisation (Nanlo), and has vowed to follow up the GIPF saga once his union hits full throttle.


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