Iceland's Samherji exiting Namibia following bribery scandal - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Iceland's Samherji exiting Namibia following bribery scandal via SABCNewsOnline

Samherji's former CEO Thorsteinn Baldvinsson stepped down in November after the bribery scandal became public.

The men have been in custody since November after allegations they conspired with Samherji to receive payments worth 100 million Namibian dollars in exchange for horse mackerel fishing quotas. In the meantime, Samherji, which has denied wrongdoing, as have Esau and Shanghala, said it has taken steps to implement a corporate governance and compliance system.

Samherji’s former CEO Thorsteinn Baldvinsson stepped down in November after the bribery scandal became public.

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