US$8m AfriSam Cement fraud case goes to court

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Namibia: The prosecutor general of Namibia has decided to prosecute Esmerelda Majiedt and five co-accused in the High Court for a scam which allegedly cost AfriSam Cement, the forerunner of the Ohorongo Cement factory, US$8m.

Majiedt is charged with corruption, with the state alleging that while she was employed at AfriSam Cement, she received payments in her personal capacity from customers of the company. During the hearing of a bail application by Majiedt in June 2011, it was alleged that suspect deliveries involving cement worth more than US$7.67m had been made to Afrisam customers without payments for such deliveries being reflected on the company's books. Majiedt claimed that other employees of the company knew her computer password and could have been responsible for the manipulation of Afrisam's accounting system.

Last modified on 27 March 2013

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