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Tate Mike bail appeal ruling in two weeks

Tate Mike bail appeal ruling in two weeks

Staff Reporter

FORMER Chief executive officer of Fishcor, Mike Nghipunya, will on 28 October find out whether or not he will be released on bail following an appeal he lodged in the High Court against a ruling handed over in the lower courts.


At the Windhoek Magistrate’s Court, Nghipunya was denied bail by Magistrate Ingrid Unengu on the basis of the seriousness of the charges he faces.


He is implicated in the biggest fishing corruption scandal in Namibia to date, alongside prominent figures including former Fisheries Minister Benard Esau, former Justice minister Sakeus Shanghala and former Fishcor board chairperson James Hatuikulipi.


Chief executive officer Fishcor Mike Nghipunya bail
BAIL WANTED: Mike Nghipunya. Photo: Contributed


James’ cousin, businessman Tamson ‘Fitty’ Hatuikulipi, former Investec Asset Management Senior Manager Ricardo Gustavo and Pius Meatelula were also implicated and charged.


The suspects will make another court appearance in December, where the state is expected to provide the decision from the office to the Prosecutor General on whether or not they will be tried in the High Court. This is in relation to the Fishcor matter.


In the Namgomar matter, the Anti-Corruption Commission is expected to give status on whether or not investigations are complete.


The presiding Magistrate has ordered that the December postponement is final.


If the state isn’t ready, the possibility of releasing the accused persons will most likely follow.


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