Payments Made into Sisa Namandje Trust Account
1 December 2015 Standard Bank Trust Account received N$15m by EFT from Fishcor’s Bank Windhoek account
4 August 2017 paid N$2 500 000
28 August 2017, Mermaria Seafoods paid N$5 000 000
Total = N$22 500 000
People Named
Sisa Namandje
Vaino Nghipondoka
Lazarus Shituula – Technical Manager – Profile Technologies
Armas Amukwiyu
Gabriel Kandjengo
Shivute Shandjago
Endjala Matias
Companies Named
Babyface Investments CC
Profile Investments CC
Trusts
Sisa Namandje Trust Account
Gwashihwemwa Family Trust
Banks Involved
Standard Bank
Bank Windhoek
FNB
Nedbank
The transactions
1 December 2015
Standard Bank Sisa Namandje Trust Account received N$15m by EFT from Fishcor’s Bank Windhoek account
3 December 2015
N$14, 940 000 disbursed to
3 December 2015 – Van der Westhuizen & Greef – N$2 100 000. Eagle FM called the firm based in Otjiwarongo and was told it was meant for a property.
7 December 2015 – Van der Westhuizen & Greef then transferred N$2 000 000 to another trust account in the name of the law firm. That account was closed on 10 February 2017.
3 December 2015 – Babyface received N$7 630 000.
4 December 2015 – N$500 000 was withdrawn as cash.
4 December 2015 – N$500 000 was withdrawn as cash.
5 December 2015 – N$500 000 was withdrawn as cash.
5 December 2015 – N$500 000 was withdrawn as cash.
7 December 2015 – N$5 000 000 EFTed to Profile Investments from Babyface
7 December 2015 – N$5 000 000 EFTed to Profile Investments from Babyface.
8 December 2015 – N$200 000 paid to Lazarus Shituula
Gwashihwemwa Family Trust received N$5 200 000 from Sisa Namandje on 3 December 2015
4 December 2015 – Armas Amukwiyu received N$3 000 000 via EFT.
4 December 2015 – Armas Amukwiyu withdrew N$100 000 cheque.
5 December 2015 – Armas Amukwiyu withdrew N$100 000 cheque.
7 December 2015 – Armas Amukwiyu withdrew N$100 000 cheque.
8 December 2015 – Armas Amukwiyu withdrew N$20 000 cash.
9 December 2015 – Endjala Matias cashed cheque N$5 000.
9 December 2015 – Armas Amukwiyu cheque N$500 000.
12 December 2015 – Shivute Shandjago cheque of N$400 000.
14 December 2015 – Vaino Nghipondoka cheque of N$300 000.
15 December 2015 – Vaino Nghipondoka cheque of N$500 000.
15 December 2015 owner withdrew cash of N$40 000.
16 December 2015 – Armas Amukwiyu N$100 000.
7 January 2016 – Armas Amukwiyu cheque of N$20 000.
8 January 2016 – Armas Amukwiyu cheque of N$10 000.
Armas Amukwiyu’s account with Bank Windhoek received N$3 000 000 on 4 December 2015.
8 December 2015, N$1 500 000 was EFTed to Capricorn Investment Fund in the name of Armas Amukwiyu.
9 December 2015, Armas Amukwiyu withdrew N$1 200 000 over the counter.
4 August 2017 Fishcor paid N$2 500 000 into Sisa Namandje trust account. The reference was National Fishing Corporation
28 August 2017, Mermaria Seafoods paid N$5 000 000 referenced GOVERNMENT OBJECTIVE in Sisa Namandje’s account.
Namandje then disbursed the money as follows:
28 August 2017 – N$4 000 000 to Gabriel Kandjengo’s account that was closed on 30 August 2018.
From Kandjengo’s account,
- 30 August 2017 – N$2 000 000 went to another account held by Kandjengo on
- 30 August 2017 – N$150 000 withdrawn over the counter.
- 30 August 2017 – N$500 000 transferred into FNB account 7-Day Notice Account that was closed on 3 April 2018.
- 26 September 2017 – N$455 400 transferred to FNB Otjiwarongo Motors & Tractors
- 26 September 2017 – N$550 000 transferred to FNB account Money Maximiser account closed on 28 June 2018.
SISA NAMANDJE
29 August 2017, N$1 100 000 was EFTed to Nedbank Home loan account in the name of Sisa Namandje and referenced Instalment Collected. This payment was for Erf 15 Pasteur Street Windhoek West.
