Chinese nabbed for money laundering

Chinese nabbed for money laundering A 48-year-old male Chinese national who was arrested in Ondangwa on Monday will face charges of fraud, money laundering and contravening section 9 of the customs and excise act, which pertains to legislation of when goods are to be imported into Namibia.

This was confirmed yesterday by the Oshana police regional commander, Rauha Amwele, who said the accused, who is the owner of Glory Building Material Supply in Ondangwa, was arrested and is in police custody.

Police in both Oshana and at head office in Windhoek were mum on the identity of the accused but Amwele confirmed he appeared in court yesterday.

The accused and his legal team were at court on Tuesday for his first appearance however it allegedly did not take place as the court could not print the charge sheet. The accused is represented by prominent lawyer Sisa Namandje who refused to comment on the case yesterday.

The police would also not share the full details of the matter and what it entails. However, Namibian Sun is reliably informed that it involves N$3.5 billion which was found in a container.

Namibian Sun could not secure any details from the police as to whether the monies were counterfeit or not and whether the money was to be smuggled into or out of the country.

Inspector-General Sebastian Ndeitunga when contacted said the case is part of a big scam taking place countrywide. He added that he would not confirm the amount of money involved but said that it could be more that N$3.5 billion.

On Tuesday, three Chinese nationals were arrested at Oshikango on charges of attempting to bribe customs officials. Investigations continue.

KENYA KAMBOWE