INVESTEC Asset Management Namibia has lost two of its top leaders - the managing director and the clients' director - all accused of alleged corruption and receiving kickbacks in
In this scandal, top government officials and their cronies are said to have received millions of dollars in exchange for fishing quotas.
Gwynneth Rukoro, the spokesperson of
Before his resignation, Gustavo was suspended after news broke that he was implicated in the corruption scandal. At that time,
Former managing director James Hatuikulipi is also implicated in the Fishrot case.
Rukoro said the company has received and accepted the resignation.
Gustavo was arrested late November last year, with former fisheries minister
His profile also shows that he worked at Alexander Forbes, as a business development manager. The same profile also shows that he is an 'entrepreneur' at Tunga Investments, where he has been since 2012.
One of the companies that would be close to him is
Gustavo's co-accused in the corruption case includes former justice minister Sacky Shanghala, former fisheries minister Esau, Tamson 'Fitty' Hatuikulipi, Pius Mwatelulo, and the former chief executive officer of the
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