09
Nov
Eba Kandovazu FORMER Fishcor Chief Executive Officer (CEO), Mike Nghipunya, has this afternoon denied he owned 50 percent of shares in a company the State alleges he co-owns with one of the suspects, Phillipus Mwapopi. The close corporation company, Wanakadu Investment, is accused of selling dried fish to Fishcor for N$4,2 million. State Advcocate Cliff Lutibezi disclosed a Memorandum of Understanding (MOU) between Mwapopi and Nghipunya. In the MOU, Nghipunya appears to be a silent partner. Nghipunya rejects the document, which the State says was taken from his laptop. Nghipunya’s lawyer, Thabang Phatela, unsuccessfully objected to the laptop and its…