Northern Electricity Distributor (Nored)

Ex-Nored staff stole over N$2.6m

Ex-Nored staff stole over N$2.6m

Hertta-Maria Amutenja The High Court has found that four former Northern Electricity Distributor (Nored) employees defrauded the company of over N$2.6 million between 2013 and 2015. The court ruled they abused their positions of trust to carry out the scheme. Judge Eileen Rakow delivered the judgement last week, finding that the employees exploited Nored’s electricity top-up system.  The court found that the quartet loaded electricity credits without receiving payments, deleted legitimate receipts, and collected cash from vendors without handing it over to the company. Nored told the court that the accused manipulated vendor accounts by entering credits without payment, removing…
Read More