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Wednesday, 21 October 2026
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Namibian press · Person

Ricardo Gustavo

First accused in the Fishrot fraud and corruption trial, opposing co-accused efforts to recuse the judge.

2024-10-232026-10-21

News reports

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What’s been said

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  1. October 2026
  2. The Namibian

    Ricardo Gustavo gave notice that he will be asking the High Court to order the state to provide more details on charges

    Source

    “The first accused in the Fishrot fraud, corruption and racketeering case, Ricardo Gustavo, and a company represented by him have given notice that they will be asking the High Court to order the state to provide them with more details on the charges they are facing.”

    Fishrot accused ask state for more details on charges
  3. Windhoek Observer

    Ricardo Gustavo is seeking further particulars from the State regarding charges

    Source

    “The application involves Ricardo Gustavo and a company he represents, who are seeking further particulars from the State regarding charges in the case.”

    Esau demands alternative transport over age, health concerns
  4. June 2026
  5. The Namibian

    Former director Ricardo Gustavo resigned from Investec Asset Management after implicated in Fishrot corruption scandal

    Source

    “The divorce came after former directors James Hatuikulipi and Ricardo Gustavo, resigned from Investec Asset Management after being implicated in the Fishrot corruption scandal.”

    NaCC yet to receive Ninety One-Sanlam Allianz merger plans
  6. May 2026
  7. The Namibian

    Ricardo Gustavo requested that his trial proceed while co-accused appeal a recusal ruling to the Supreme Court

    Source

    “On the same date, Du Plessis is also scheduled to give a ruling on a request from the first accused in the matter, Ricardo Gustavo, supported by former minister of fisheries and marine resources Bernhard Esau, for their trial to proceed while Shanghala and Hatuikulipi are trying to appeal to the Supreme Court against Du Plessis' decision not to recuse herself from their case.”

    Fishrot case appeal attempt fails
  8. April 2026
  9. The Namibian

    Defence lawyer Ileni Gebhardt, representing first accused Ricardo Gustavo asked for the trial to proceed while Shanghala and Hatuikulipi pursue their appeal

    Source

    “With oral arguments on the application for leave to appeal of Shanghala and Hatuikulipi set to be heard on 5 May, defence lawyer Ileni Gebhardt, representing the first accused in the case, Ricardo Gustavo, asked Du Plessis nearly two weeks ago to order that the trial pending before her should proceed while Shanghala and Hatuikulipi are pursuing their quest to appeal.”

    Esau wants delayed Fishrot trial to now proceed
  10. The Namibian

    Ricardo Gustavo requested his delayed trial to get going

    Source

    “defence lawyer Ileni Gebhardt, who is representing the first accused in the Fishrot case, Ricardo Gustavo, said while addressing acting judge Marilize du Plessis in support of a request by Gustavo for his delayed trial to get going.”

    Fishrot accused asks for trial to proceed
  11. New Era

    Ricardo Gustavo was arrested alongside other accused persons in Fishrot matter

    Source

    “Gustavo and Shanghala were arrested alongside former minister of fisheries and marine resources Bernardt Esau, former Investec Namibia managing director James Hatuikulipi, Pius Mwatelulo, Tamson Hatuikulipi, Nigel van Wyk, Ricardo Gustavo, former Fishcor CEO Mike Nghipunya, Phillipus Mwapopi and Otneel Shuudifonya.”

    Fishrot stuck in starting blocks
  12. New Era

    Ricardo Gustavo is charged with corruptly receiving payments of at least N$300 million

    Source

    “Shanghala, Hatuikulipi, Pius Mwatelulo, Bernardt Esau, Gustavo, Tamson Hatuikulipi, Mike Nghipunya, Shuudifonya, Phillipus Mwapopi and Nigel van Wyk are charged with corruptly receiving payments of at least N$300 million to give the Icelandic fishing company Samherji a competitive advantage in securing access to horse mackerel quotas in Namibia.”

    Fishrot in cul-de-sac …trial stalls amid legal stalemate
  13. The Namibian

    Ricardo Gustavo accused Shanghala of using delaying tactics

    Source

    “Shanghala has in recent weeks been accused of using delaying tactics, with co-accused Gustavo saying a recusal application seeking to have acting judge Marelize du Plessis removed from the case was "merely intended to delay the start of the trial and to further frustrate the proceedings".”

    Govt struggles to net Fishrot assets abroad as legal hurdles and bank delays stall progress
  14. March 2026
  15. New Era

    Ricardo Gustavo opposed attempt by Shanghala to remove Du Plessis from presiding over corruption trial

    Source

    “Gustavo, on the other hand, is opposing any attempt by Shanghala to remove Du Plessis from presiding over the long-running corruption trial, arguing that the application is aimed at delaying the start of the case.”

    Shanghala, Gustavo on the Fishrot warpath

Yesterday

  1. Fishrot accused seek High Court order for state charge details

    Ricardo Gustavo and Namgomar Pesca Namibia have requested the High Court order the state to provide more details on charges including racketeering, money laundering, conspiracy to commit corruption, corruptly giving gratification, fraud and tax evasion. Judge Eileen Rakow postponed the hearing on the application for further particulars to 11 November.

    20 October 2026 · The Namibian →

  2. Esau lawyer requests alternative court transport for medical reasons

    Bernard Esau's lawyer asked the High Court to arrange a bus or sedan for his client's transport to and from court instead of a police van, citing his age and medical condition. Judge Eileen Rakow did not issue a binding order but suggested an interim arrangement while the matter was clarified.

    20 October 2026 · Windhoek Observer →

Thursday 11 June

  1. Ninety One-Sanlam Allianz seek to merge asset management businesses

    Ninety One Namibia and Sanlam Allianz Namibia plan to combine their active asset management businesses, operating under the Ninety One Namibia brand with a 15-year term, though the deal awaits shareholder and regulatory approvals including from the Namibia Competition Commission.

    11 June 2026 · The Namibian →

Wednesday 6 May

  1. Fishrot case: accused's appeal attempt struck off roll

    An appeal filed by Fishrot accused Otneel Shuudifonya against a postponement ruling was struck off the High Court roll at Windhoek Correctional Facility after the acting judge found his notice for leave to appeal did not comply with Criminal Procedure Act requirements.

    6 May 2026 · The Namibian →

Monday 27 April

  1. Defence lawyers urge judge to proceed with Fishrot trial

    Defence lawyers for accused in the Fishrot fraud, corruption and racketeering case have argued that the trial of the 10 individuals charged should proceed while two accused pursue appeals against the judge's refusal to step down from the case.

    27 April 2026 · The Namibian →

Friday 24 April

  1. Esau's lawyer argues pre-trial detention is oppressive and unfair

    Lawyer Florian Beukes argued in High Court that his client Bernard Esau, 69, has experienced oppressive pre-trial incarceration after seven years in custody since his arrest in November 2019, citing exhausted defence funds and violation of constitutional rights to a speedy trial. Esau and nine co-accused, including former Justice Minister Sacky Shanghala, face 42 counts including corruption and racketeering over allegedly receiving N$300 million in payments to favour the Icelandic fishing company Samherji.

    24 April 2026 · Informanté →

Friday 17 April

  1. Fishrot trial should proceed despite ongoing appeals, defence argues

    A defence lawyer representing one of ten accused in the Fishrot fraud and corruption trial has argued to the High Court that proceedings should continue while appeals against earlier rulings are pursued, citing delays since 2021 and the constitutional right to trial within a reasonable period. Other defence lawyers largely supported the argument, though one disagreed, and the judge is scheduled to hear further oral arguments on 24 April.

    17 April 2026 · The Namibian →

Thursday 16 April

  1. 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 →

Tuesday 14 April

  1. Fishrot trial stalls as court grapples with legal procedure dispute

    Proceedings in the high-profile corruption trial of former justice minister Sacky Shanghala and others have stalled over a disagreement about which of two competing appeals applications should be heard first—a recusal challenge or a stay-of-proceedings request. The court has adjourned until 5 May 2026 to resolve the procedural impasse.

    14 April 2026 · New Era →

Wednesday 8 April

  1. 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 →

Tuesday 7 April

  1. Supreme Court upholds asset seizure in Fishrot corruption case

    Namibia's Supreme Court dismissed an appeal by three Fishrot accused—former attorney general Sacky Shanghala, James Hatuikulipi, and Pius Mwatelulo—challenging the prosecutor general's use of the Prevention of Organised Crime Act to seize their assets. The court upheld the High Court's restraint order covering bank funds, properties, vehicles, and luxury goods, finding that the prosecutor general may rely on Anti-Corruption Commission evidence rather than police investigations alone.

    7 April 2026 · The Namibian →

Friday 3 April

  1. Fishrot accused lose Supreme Court appeal on asset restraint

    Three accused in the Fishrot fraud case—former attorney general Sacky Shanghala, James Hatuikulipi, and Pius Mwatelulo—lost their Supreme Court appeal against an assets restraint order imposed under the Prevention of Organised Crime Act. The court upheld the High Court's 2023 confirmation of the restraint, which freezes assets including bank funds, property, vehicles, and luxury goods belonging to six of the accused, and ordered the three appellants to pay the prosecutor general's legal costs.

    3 April 2026 · The Namibian →

Wednesday 1 April

  1. 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 →

Thursday 12 March

  1. Fishrot defendants clash over judge removal bid

    Ex-Cabinet minister Sacky Shanghala is seeking to recuse Acting Judge Marilize du Plessis from the protracted Fishrot corruption trial, arguing her previous pronouncements show bias and prejudice, while co-accused Ricardo Gustavo opposes the application as a delay tactic unsupported by facts of actual bias.

    12 March 2026 · New Era →

Tuesday 10 March

  1. 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 →

  2. Former justice minister seeks judge's recusal in fisheries trial

    Former justice minister Shanghala has applied for High Court acting judge Marelize du Plessis to recuse herself from his corruption trial, arguing her statements characterizing his applications as delay tactics and her treatment of parties demonstrate bias. Co-accused and their legal representatives also challenge the judge's competence and impartiality.

    10 March 2026 · Informanté →

Monday 9 March

  1. Judge allows Gustavo's late arguments against his judge's removal

    High Court judge Marilize du Plessis has accepted late-filed arguments by Ricardo Gustavo opposing an application by co-accused Sackeus Shanghala to recuse her from the Fishrot trial. Gustavo argues that Shanghala has not shown evidence of bias, while Shanghala contends that Gustavo's lawyer is not ready for trial, citing scheduling conflicts.

    9 March 2026 · Informanté →

Thursday 26 February

  1. Private lawyers would cost state N$6 million yearly for Fishrot case

    Legal experts say engaging senior private practitioners to prosecute the Fishrot fraud case would cost the government at least N$6 million annually, far more than the state advocates currently handling it—though prosecutors benefit from job security and pension entitlements unavailable in private practice.

    26 February 2026 · The Namibian →

Friday 13 February

  1. Gustavo opposes Shanghala's attempt to remove judge from Fishrot case

    Ricardo Gustavo's legal team says they will "oppose vehemently" an application by former attorney general Sacky Shanghala and co-accused James Hatuikulipi to have High Court judge Marilize du Plessis step down from the Fishrot fraud and corruption trial. Shanghala claims Du Plessis showed bias through remarks suggesting the accused were using delaying tactics, but the state is also opposing the recusal application, with arguments scheduled for 9 March.

    13 February 2026 · The Namibian →

Wednesday 28 January

  1. Fishrot case postponed to February 2026 for legal aid representation

    The Fishrot case has been postponed to 4 February 2026 to arrange legal aid representation for Ricardo Gustavo's companies. Two accused, Bernard Esau and Pius Mwatelulo, were absent due to hospitalisation, and the matter was also postponed for the Court to explain Section 115 rights to unrepresented accused individuals.

    28 January 2026 · Informanté →

Thursday 22 January

  1. Fishrot corruption trial set to begin March 9, 2026

    After nearly six years, the fishing quota corruption trial in which Namibian fisheries resources were allegedly stolen through deals with Icelandic company Samherji will begin on March 9, 2026. Acting Judge Marilize du Plessis rejected multiple postponement applications from former minister Sacky Shanghala and co-accused, ruling that lengthy delays in the civil review process and years of court proceedings weighed against further delay.

    22 January 2026 · New Era →

Ricardo Gustavo — Namibian press coverage · Namibia Minute