You have news tips, feel free to contact us via email editor@thevillager.com.na

DID SWAPO SG INSTRUCT SHANGHALA TO RESTRUCTURE NDILIMANI?

 – FROM THE UNTOLD STORY OF FISHROT PAYMASTER MAREN DE KLERK
On 9 August 2017, De Klerk says he received an email from Shanghala, and the letter is below:
Dear Maren
James and I have been mandated by the Swapo Party secretary-general to assist in restructuring the Ndilimani Cultural Troupe into a modern, sustainable, and well-governed entity and to oversee the election campaign funding process.
Could you kindly assist with the setting up of the following entities with the following purposes:
• Ndilimani Trust [This trust would own Ndilimani Holdings Pty Ltd. James and I would be the donors on behalf of the Swapo Party. We would be the first trustees. At a given point, we would resign, and the Swapo Party secretary-general would be the one to appoint further trustees. The purpose of this trust is to administer the affairs of the Ndilimani Cultural Troupe. All rights in any music produced or to be produced by the cultural troupe would either be owned by this trust or an entity owned by the trust.]
• Ndilimani Holdings (pty) LTD [This is the entity in which assets can be held that can ensure that long term sustainable existence (rights, shares etc in other entities). James and I would be the board of directors appointees of the trust which would own this company 100%).
• Ndilimani Cultural Troupe Pty Ltd [This is where all band members would be employed. We need to set up employment contracts for all 15 of them. James and I would be the first directors appointed by the trust. This company is also to be owned 100% by the trust. All assets to be bought would be owned here by this entity.
• James and I can be consulted should you require any instructions further but note that various entities will effect donations for the purpose.
Thank you
Sacky Shanghala

Wonder Guchu

Related Posts

Read Also ... x