Eino Emvula

NinetyOne denies links to Fishrot Scandal

NinetyOne denies links to Fishrot Scandal

TUJOROMAJO KASUTO NINETYONE Asset Management Namibia was not involved in the Fishrot scandal and its rebranding had nothing to do with former Managing Director (MD), James Hatuikulipi’s alleged involvement in the scam. According to its MD, Eino Emvula, although the company rebranded from Investec Asset Management after Hatuikulipi’s arrest over the Fishrot scandal, the process was in the pipeline long before that. He also says the company conducted its own investigations and discovered that Hatuikulipi’s illicit activities were conducted in his private capacity. “We took the allegations very seriously and ordered an independent investigation, which confirmed that the alleged impropriety…
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