Also known as: Samherji hf. · Icelandic fishing giant Samherji · Icelandic fishing company Samherji · Samherja
Samherji — Icelandic fishing company at center of Namibian Fishrot scandal, facing N$18.3 billion lawsuit and corruption allegations spanning 2012–2019.
Key points drawn from coverage. Tap a point to see the original sentence.
March 2026
The Namibian
Samherjiceased operations inNamibia
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“A group of 252 former employees of Icelandic fishing giant Samherji have renewed their demand for compensation seven years after they lost their jobs when the company ceased operations in Namibia.”
Samherjiwas involved insiphoning profits from Namibian horse mackerel quotas in N$10 billion money laundering scheme
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“De Klerk is said to have played a paymaster role in the Fishrot scandal, channelling millions through his law firm, De Klerk, Horn and Coetzee Inc (DHC), to the co-accused in the N$10 billion money laundering and bribery scheme, which involved siphoning profits from Namibian horse mackerel quotas by Icelandic fishing company Samherji, with the help of high-ranking Namibian officials.”
Samherjiallegedly involved incorruption scandal involving over N$3 billion from fishing deals
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“Shanghala is accused of being one of the key enablers of the corruption scandal that involved over N$3 billion from fishing deals with Icelandic fishing giant Samherji.”
Samherjipaid large sums of money toa group of Namibian politicians and influential people through various means
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“The database published by Wikileaks showed that Samherji had paid large sums of money to a group of Namibian politicians and influential people, through various means.”
Samherjiwas subject to investigation for alleged bribery involvingpayments to Namibian officials for fishing permits
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“The latter have been in custody and are awaiting trial for having accepted payments of up to two billion ISK from Samherja, who in return enjoyed few special benefits and access to valuable fishing permits.”
“Hatuikulipi (43), who is a son-in-law of former fisheries and marine resources minister Bernhard Esau, said he entered the Namibian fishing industry based on legitimate business agreements with the Icelandic fishing company group Samherji.”
Samherjihas been accused ofpaying bribes to arrested ministers and their henchmen
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“Esau used the system to divert horse mackerel fishing rights to the Icelandic company Samherji, which has been accused of paying bribes to the arrested ministers and their henchmen.”
Iceland's finance minister attributed the Fishrot scandal to corruption in Namibia rather than Iceland, a comment an Icelandic journalist and former Transparency International Iceland director calls emotional escapism rooted in "Icelandic exceptionalism"—a delusional belief that Iceland is inherently uncorrupt and that corruption is merely a "foreign infection."
Iceland's finance minister attributed the Fishrot scandal to corruption in Namibia rather than Iceland, a comment an Icelandic journalist and former Transparency International Iceland director calls emotional escapism rooted in "Icelandic exceptionalism"—a delusional belief that Iceland is inherently uncorrupt and that corruption is merely a "foreign infection."
Former Angolan fisheries minister Vitória de Barros Neto has denied responsibility for alleged misappropriation of around 300 million kwanzas in public funds from fish commercialisation in the common marine zone between Namibia and Angola during her 2012–2019 tenure. The trial, which began in December 2019, is not connected to Namibia's Fishrot scandal, though both involve fisheries-sector corruption around the same period.
Iceland's finance minister Daði Már Kristófersson has said corruption in the Fishrot case reflects Namibia and not Iceland, following media coverage of Icelandic fishing company Samherji's operations. Namibian MP Rodney Cloete rejected the statement, arguing it ignores the role of foreign companies involved in the scandal.
Icelandic artist Oddur Eysteinn Friðriksson created a fabricated website and press release falsely claiming to be from Alda Seafood Holding, apologising for alleged corporate wrongdoing in Namibia linked to the Fishrot scandal. The spoof was designed as an artistic intervention to highlight issues of corporate accountability and freedom of expression, and misled at least two prominent Namibian daily newspapers.
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.
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.
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.
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.
The Ministry of Agriculture, Fisheries, Water and Land Reform has referred compensation claims from 252 former Samherji employees to the Ministry of Justice and Labour Relations, noting that affected workers were already considered under a government redress programme aimed at reintegrating them into the fishing industry following the company's 2019–2020 closure. Some former employees argue that placement at other companies does not fully address their financial losses.
Former employees of Icelandic fishing company Samherji have renewed demands for compensation seven years after losing their jobs when the company ceased operations in Namibia following the 2019 Fishrot scandal. The 252 workers, who received only N$10,000 severance and no consideration for years of service, say they have been left struggling financially while assets and vessels were sold off.
Maren De Klerk, a lawyer implicated in the Fishrot corruption scandal, has taken the Prosecutor General and Inspector General of Police to court seeking release of his N$1.3 million pension fund, which he claims was unlawfully seized. De Klerk, accused of channelling millions through his law firm to co-accused ex-cabinet ministers in the N$10 billion scheme, remains in South Africa pending extradition after technical defects delayed the State's initial extradition application.
Two high-profile state prosecutors leading the Fishrot fraud and corruption trial, Deputy Prosecutor General Ed Marondedze and State Prosecutor Cliff Lutibezi, threatened to resign over low pay and were subsequently granted a N$54,000 monthly salary increase. The salary increase has drawn criticism from some colleagues whose own pleas for raises have not been addressed, and from a former deputy prosecutor general who says the timing is problematic given the case's current stage.
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.