Bank of Namibia wins appeal over forfeiture of Chinese firm’s US$115 000
[The Namibian - Namibia] - 24/04/2025
Bank of Namibia deputy governor Ebson Uanguta has won a Supreme Court appeal about a decision by the central bank to order the forfeiture of US$115 000 in a foreign currency bank account of a Chinese-owned close corporation. The Supreme Court at the end of last week upheld an appeal against a (…)
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