For years, suspended Fishcor boss Mike Nghipunya has earned the reputation of being a jack of all trades – a chief executive, economist, actor, and fashion designer. …
Fishrot fashionista: Nghipunya’s rise and reckoningFishcor
Also known as: National Fishing Corporation of Namibia
Fishcor — Namibia's state-owned fishing company at center of corruption scandal involving alleged bribery by Icelandic company Samherji between 2012 and 2019.
In coverage
Verbatim sentences from the source article.
- April 2023
- September 2022
… Princess Brand is owned by Adriaan Louw, a South African businessman who hatched a partnership with the Namibian state-owned enterprise Fishcor that was used as a conduit for the questionable flow of money in the Fishrot scheme. …
Raiding the Maternity Ward for Profits… Air Namibia is dead and buried, Amta is a vegetable, Fishcor smells fishy, and so much more is no more. …
Time For The Uneducated to Lead SOEs- July 2022
… David was allegedly picked up at the border by Paulus Ngalangi, the then Fishcor chief executive officer. …
Leaked recording of Phala Phala ‘mastermind' raises questions- October 2019
… TM Clothing Line, a proudly Namibian project, was founded by model, fashion designer and founder of the Katutura Fashion Week (KFW) Dennis Hendricks and Mike Nghipunya, an actor and group chief executive officer at the National Fishing Corporation of Namibia. …
TM Clothing Line For The Sporty
Fishrot trial postponed as recusal application stays proceedings
The Fishrot case has been postponed to 24 April 2026 as former justice minister Sakeus Shanghala pursues leave to appeal a ruling dismissing his request for Judge Marelize du Plessis to recuse herself. Ricardo Gustavo's lawyer argues the repeated delays infringe the accused's right to a speedy trial and violate constitutional rights.
16 April 2026 · New Era →
Thursday 16 April
Fishrot trial postponed as recusal application stays proceedings
The Fishrot case has been postponed to 24 April 2026 as former justice minister Sakeus Shanghala pursues leave to appeal a ruling dismissing his request for Judge Marelize du Plessis to recuse herself. Ricardo Gustavo's lawyer argues the repeated delays infringe the accused's right to a speedy trial and violate constitutional rights.
16 April 2026 · New Era →
Samherji defends against N$18.3 billion Fishcor lawsuit
A Scottish litigation firm is pursuing a US$1 billion claim against Icelandic fishing company Samherji on behalf of Namibia's state-owned Fishcor, alleging the company used bribes and corruption to obtain fishing quotas between 2012 and 2019. Samherji denies the allegations and says it is defending itself in London courts.
16 April 2026 · The Namibian →
Wednesday 8 April
Supreme Court upholds freeze on Fishrot corruption saga assets
Namibia's Supreme Court has upheld a High Court order preventing those accused in the Fishrot corruption case from accessing forfeited assets, rejecting an appeal by former justice minister Sacky Shanghala, James Hatuikulipi and Pius Mwatelulo. The court found that the Anti-Corruption Commission had proper authority to conduct the investigation and that the restraint order remains valid pending the outcome of the criminal trial, which is scheduled to recommence in March 2026.
8 April 2026 · New Era →
Wednesday 1 April
Curators struggle to recover overseas assets in Fishrot scandal
Government-appointed curators tasked with seizing assets linked to the Fishrot corruption scandal face legal hurdles and institutional delays in accessing foreign properties owned by suspects, with a February 2025 court order needed to extend seizure powers abroad. The curators report ongoing obstacles including uncooperative banks, missed meetings with defendants, and slow responses from financial institutions, hampering their efforts to catalogue and recover assets valued at over N$317 million.
1 April 2026 · The Namibian →
Tuesday 24 March
Judge Du Plessis refuses to step down from Fishrot trial
Acting judge Marilize du Plessis rejected an application by two accused in the Fishrot fraud and corruption case to recuse herself, finding that her factual observations about trial delays did not demonstrate bias and that her acquaintance with two state witnesses would not affect her impartiality.
24 March 2026 · The Namibian →
Tuesday 10 March
Fishrot defendant opposes co-accused recusal bid against judge
Ricardo Gustavo, first accused in the Fishrot fraud and corruption case, says a recusal application by former attorney general Sacky Shanghala and James Hatuikulipi against acting judge Marilize du Plessis is intended to delay the trial. The judge is expected to rule on the recusal application on 23 March.
10 March 2026 · The Namibian →
Tuesday 27 January
Fugitive Fishrot lawyer sues over N$1.3 million pension seizure
Marén de Klerk, a fugitive lawyer wanted in connection with the Fishrot fraud case, is challenging the Namibian Police's seizure of his N$1.3 million retirement annuity with Sanlam Namibia, arguing the seizure violates the Pension Funds Act and that pension benefits cannot be seized under the Prevention of Organised Crime Act.
27 January 2026 · The Namibian →
Friday 23 January
Judge finds Shanghala and co-accused delaying Fishrot trial
Acting judge Marilize du Plessis ruled that former justice minister Sacky Shanghala and two co-accused have been using a strategy to delay their Fishrot fraud, corruption and racketeering trial, which has been pending since October 2021 without witness testimony yet beginning. Du Plessis rejected their postponement applications and ordered the trial to continue, though she granted a brief postponement to allow defence representation time to prepare.
23 January 2026 · The Namibian →