Ministry of Public Enterprises

Air Namibia board resigns …accuses shareholder of governance violations

Air Namibia board resigns …accuses shareholder of governance violations

Staff Writer The Air Namibia board resigned en masse on Wednesday after writing a scathing letter, accusing government of corporate governance violations in its dealing with the airline. First to hand in his resignation was Willy Mertens, who is reported to have resigned on Monday, after the airline on Friday had entered into a settlement agreement with Belgian company, Challenge Air whom it owed for a 1998 airplane lease agreement. Air Namibia board Chairperson, Escher Luanda, and Heritha Muyoba are reported to have tendered their resignations on Wednesday, a position confirmed by Public Enterprises Minister, Leon Jooste, with the status…
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