Nampol apologizes over N$ 60b fraud miscommunication

Martin Endjala The Namibian police today said it made a mistake when it announced to the media that N$ 60 billion was stolen from the Credit Union of Namibia in December at an unknown date and time. Nampol Inspector General Joseph Shikongo in a statement said that in actual fact, the Chief Executive Officer of CUN, Theron Louie opened a criminal case after 60 USD that he claims his company was supposed to have benefited as a grant was not received, prompting suspicion of fraud. Shikongo confirmed that the 60 Billion never entered Namibia and CUN did not suffer any…