Namcor fugitive Victor Malima’s n$2m Merc in bank’s sights
FROM THE PUBLISHER
A bank wants to seize a N$2-million Mercedes-Benz that belongs to a company owned by Victor Malima, a fugitive businessman who is wanted for his role in the National Petroleum Corporation of Namibia corruption scandal. Malima’s Eco Trading CC owes Bank Windhoek N$2.9 million, a debt that started accumulating when Malima allegedly fled to Angola last July to avoid prosecution. The debts stem from an overdraft facility and a financing agreement Malima used to buy…
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