A 34-year-old Namibian male accused of defrauding Standard Bank of N$4 million during the time when he worked in its Trust Account Division in Windhoek has notified court that he will plead guilty to four other counts but not that of money laundering.
Charles Winston Manale made a court appearance before High Court Judge Christie Liebenberg yesterday who allocated his case to Judge Usiku with proceedings postponed to the 26th of July.
Attorney Constance Moyo is standing in for the state in the matter.
Meanwhile incomplete investigations, absent witnesses and outstanding bank statements had seen his case being postponed on many occasions and the court had to withdraw it temporarily.
Such delays were to the frustration of lawyer, Meriam Kenazuro who described them as a mockery of the justice system given that Manale had all the right to a speedy trial.
He was set free temporarily in October last year.
Manale is in hot soup for allegedly transferring money from the trust fund of the bank into his personal account between September 2013 and December 2015 and the bank lost substantial amounts of funds including a client identified only as Dorothea Duplessis.
The 34-year-old went on the run before he decided to hand himself in 2016 which resulted to his detention until the case was withdrawn.
He was to be formally arrested by the Namibian Police Force Commercial Investigations' Unit.