By Shinovene Immanuel | 15 October 2020


BUSINESSMAN Adriaan (‘AJ’) Louw says he rejected the National Fishing Corporation of Namibia’s proposal to terminate a partnership criticised by the High Court as parasitic.

Louw made these remarks last week when asked about the government’s decision to divorce the scandal-hit Seaflower Pelagic Processing, which is 40% state owned.
“The matter is sub judice, but I can confirm that we have rejected the repudiation and have put Fishcor to terms,” he said.

The millionaire had an interview with The Namibian on wide-ranging issues such as his partnership, alleged Fishrot links and his relationship with lawyer Marén de Klerk.

He believes previous media reports were unfair to his business, which has been rocked by the Fishrot scandal.

There has been a blame game in the Seaflower Pelagic Processing partnership saga. Fishcor has indicated it wants to end the tainted joint venture.

It is questioning the validity of three agreements with Louw, who said the partnership started two years ago.

But Louw is pointing fingers at Fishcor, accusing the state-owned company of failing to provide 94 000 tonnes of horse mackerel quotas worth an estimated N$250 million.

During the interview last week, Louw also spoke about Celax Investment Number One, a shareholder in a Seaflower Pelagic Processing-related company which is now accused of money laundering in the Fishrot scandal.

The same Celax Investment was allegedly used to fund Swapo election campaigns through food, phones, accomodation and financing youth leaders.

Louw said De Klerk, accused of facilitating a bribery scheme worth more than N$200 million through Celax Investment, should answer for his own alleged sins.

Louw insisted the partnership with the state-owned Fishcor was not part of the Fishrot scandal.

“Seaflower Pelagic Processing is not involved in money laundering or involved in any court case. We are not aware of any investigation by the Anti-Corruption Commission (ACC) and have not been approached by them. We have publicly stated that we will assist in any investigation,” the businessman said.

Louw also denied suggestions that he used his private jet to fly around former minister of fisheries and marine resources Bernhard Esau and former Investec Asset Management Namibia managing director James Hatuikulipi. Three years ago, Louw appeared to have hit the jackpot.

Former Investec Asset Management Namibia managing director, James Hatuikulipi. Photo: contributed

The partnership was rubber-stamped in 2017, around a month after Hatuikulipi travelled to Angola to view fishing factories owned by Louw’s companies.

Later, former fisheries minister Esau promised the partnership 50 000 tonnes of free horse mackerel fishing quotas for 15 years. The agreement allowed for an extra 15 years of free quotas.

That joint venture raised eyebrows in the industry.
Some accused Louw of piggybacking on government money to bankroll the fishing factory he appears to want to fully take charge of if the partnership is terminated.

Estimates by The Namibian show the fish would be worth around N$20 billion in 30 years – calculations disputed by Louw.

The government decided to end that partnership earlier this year after several reports linked potential money laundering to a company called Celax Investments Number One.

Celax, previously owned by lawyer Marén de Klerk, had a 33% stake in Louw’s African Selection Fishing Namibia, which owns 60% of the joint venture with Fishcor.

Fishcor wrote to Louw on 25 September 2020, notifying him that they intend to terminate their agreements with Africa Selection Fishing Namibia.

“I hereby notify you that the board of Fishcor resolved to terminate the joint venture agreements with immediate effect,” Fishcor’s board chairperson Mihe Goamab II said.

He said the Fishcor agreement that promised Louw’s company 15 years of free quotas is also terminated.

DIRTY DIVORCE

Goamab II used the government’s directive to cancel the partnership as a reason to start afresh.

“In the interest of Fishcor, the board has resolved that it must make a clean break from its association with Seaflower [Pelagic],” he said.

Fishcor’s board chairperson Mihe Goamab II. Photo: contributed

He said the agreements between Louw and the previous Fishcor board were tainted.
“Not only were the relevant agreements entered into between minister Esau and James

Hatuikulipi apparently part of a corruption enterprise, but the agreements are also tainted by the corrupt network framework,” Goamab II said.

The Fishcor board believes the joint venture agreements are not enforceable and were not concluded in good faith.

Goamab II declined to comment on the latest developments when approached for comment yesterday, saying the public will be informed.

Louw last week said he is not bitter. “We believe in the rule of law and it will take its course. I do not believe it is feasible to force anyone to stay in a sour marriage.

We remain open to amicable solutions being found and will continue with our original aim to operate a successful land-based plant that believes in increased employment of Namibian citizens,” he added.

A bone of contention could be the decision over who would own the seaside factory that was constructed by the partnership.

Louw said a process of arbitration would have to be followed where issues such as damages would be discussed.

“The business will go on. I believe that this matter will serve as a precedent,” he said.

Deputy judge president Hosea Angula made some scathing findings about Seaflower Pelagic’s relationship with Fishcor in a judgement delivered on 27 August.
The judge said Fishcor over-promised something it could not deliver.

FUGITIVE

One of the key people implicated in the Fishrot scandal is lawyer Marén de Klerk. His footprints are on documents worth more than N$200 million in the space of three years.

De Klerk was former minister of justice Sacky Shaghala’s personal lawyer.
Louw said the lawyer started representing him around six years ago.

Lawyer Marén de Klerk

“He was referred by another well-recognised attorney. After this he became my personal commercial lawyer,” he said.

By that time, there were already online news reports about how De Klerk represented politically exposed people like Shanghala.

“I did not do a Google search on him. I found the man to be a capable legal expert and he was efficient. Again, I reiterate, I did not expect this from him. Especially further because of the number of years he was my lawyer,” Louw said.

The businessman said the law should catch up with his ex-lawyer if he broke it.

“I never expected he would turn out to have been part of a corrupt activity. I trusted him. I am very disappointed in him,” he said.

De Klerk has been in South Africa since January this year. The two spoke two days before he left, but Louw insisted he did not know of De Klerk’s deeds.

The lawyer used Celax Investment Number One and even transferred millions into investment companies for several weeks.

Louw said Celax was initially set up as an empowerment entity to co-own the Fishcor partnership.

“The idea was that it would benefit community groups, veterans, women and the youth. We received a few suggestions of groups that we could accommodate,” he said.

“But then the Fishrot scandal happened, and we have not been able to further this narrative,” Louw said.

He also disputed suggestions that the tainted partnership was worth N$20 billion.

“Not even a straight quota sale of 50 000 tonnes will nett that. And it was reported as nett value in these articles,” he said.

According to him, there was no government guarantee to enable the set-up of the plant.

“The company never received any money from DHC attorneys, nor from Celax. No funds were received by any of the directors from these entities,” Louw said.

330 COMMENTS

  1. best online pharmacies in mexico [url=https://northern-doctors.org/#]mexican pharmacy online[/url] mexican mail order pharmacies

  2. buying prescription drugs in mexico online [url=https://northern-doctors.org/#]mexican online pharmacies prescription drugs[/url] buying prescription drugs in mexico

  3. mexican border pharmacies shipping to usa [url=http://northern-doctors.org/#]mexican pharmacy[/url] buying prescription drugs in mexico

  4. mexican border pharmacies shipping to usa [url=https://northern-doctors.org/#]Mexico pharmacy that ship to usa[/url] mexican drugstore online

  5. mexico pharmacies prescription drugs [url=https://northern-doctors.org/#]Mexico pharmacy that ship to usa[/url] buying from online mexican pharmacy

  6. pharmacies in mexico that ship to usa [url=https://northern-doctors.org/#]mexican northern doctors[/url] mexican rx online

  7. reputable mexican pharmacies online [url=https://cmqpharma.online/#]cmq pharma mexican pharmacy[/url] mexican border pharmacies shipping to usa

  8. mexico drug stores pharmacies [url=http://cmqpharma.com/#]cmqpharma.com[/url] п»їbest mexican online pharmacies

  9. buying prescription drugs in mexico [url=https://cmqpharma.online/#]mexican pharmacy online[/url] buying from online mexican pharmacy

  10. mexico pharmacy [url=https://cmqpharma.online/#]mexican online pharmacy[/url] buying prescription drugs in mexico online

  11. mexican drugstore online [url=http://cmqpharma.com/#]cmq pharma mexican pharmacy[/url] mexico pharmacy

  12. mexico pharmacies prescription drugs [url=https://cmqpharma.com/#]cmq mexican pharmacy online[/url] pharmacies in mexico that ship to usa

  13. buying from online mexican pharmacy [url=https://cmqpharma.online/#]mexican online pharmacy[/url] medication from mexico pharmacy

  14. mexican drugstore online [url=https://cmqpharma.online/#]mexican pharmacy[/url] mexico pharmacies prescription drugs

  15. reputable indian online pharmacy [url=http://indiapharmast.com/#]india pharmacy[/url] indian pharmacy paypal

  16. mexico pharmacy [url=http://foruspharma.com/#]pharmacies in mexico that ship to usa[/url] medicine in mexico pharmacies

  17. canadian neighbor pharmacy [url=https://canadapharmast.com/#]canadian pharmacy cheap[/url] canadian pharmacy meds

  18. mexican rx online [url=https://foruspharma.com/#]mexican mail order pharmacies[/url] reputable mexican pharmacies online

  19. https://djbartender.ir/blog/
    دی جی بارتندر ابتدای فعالیت حرفه ای خود را در سال 1393 شروع کرد ابتدا در زمینه دی جی و موزیک مجالس و سپس علاوه بر دی جی فعالیت خود را در زمینه بارتندری نیز شروع کرد و در نهایت علاوه بر دی جی و بارتندری مجالس بادکنک آرایی را نیز در حیطه کاری خود قرار داد. این مجموعه از سال 1393 تاکنون در بیش از 700 مراسم (تولد / میهمانی/ دورهمی/عروسی / حنابندان و…) ارائه خدمات داشته است . لازم به ذکر است که در مجموعه هم دی جی اقا و هم دی جی خانم برای مجالس شما رزرو میشود.

  20. mexican drugstore online [url=http://mexicandeliverypharma.com/#]best online pharmacies in mexico[/url] mexican border pharmacies shipping to usa

  21. reputable mexican pharmacies online [url=https://mexicandeliverypharma.com/#]mexico pharmacies prescription drugs[/url] mexican mail order pharmacies

  22. п»їbest mexican online pharmacies [url=http://mexicandeliverypharma.com/#]buying prescription drugs in mexico[/url] mexico pharmacy

  23. mexico drug stores pharmacies [url=https://mexicandeliverypharma.com/#]mexico drug stores pharmacies[/url] mexican rx online

  24. mexican pharmacy [url=https://mexicandeliverypharma.online/#]mexican mail order pharmacies[/url] buying prescription drugs in mexico

  25. reputable mexican pharmacies online [url=https://mexicandeliverypharma.online/#]reputable mexican pharmacies online[/url] buying prescription drugs in mexico

  26. best online pharmacies in mexico [url=https://mexicandeliverypharma.online/#]mexican rx online[/url] buying from online mexican pharmacy

  27. mexico pharmacy [url=http://mexicandeliverypharma.com/#]best online pharmacies in mexico[/url] mexican pharmacy

  28. mexico drug stores pharmacies [url=https://mexicandeliverypharma.com/#]mexican pharmacy[/url] medicine in mexico pharmacies

  29. п»їbest mexican online pharmacies [url=https://mexicandeliverypharma.online/#]medicine in mexico pharmacies[/url] mexican rx online

  30. mexican mail order pharmacies [url=https://mexicandeliverypharma.online/#]mexican mail order pharmacies[/url] mexico drug stores pharmacies

  31. medicine in mexico pharmacies [url=https://mexicandeliverypharma.online/#]buying from online mexican pharmacy[/url] best online pharmacies in mexico

  32. mexican drugstore online [url=https://mexicandeliverypharma.online/#]mexican pharmaceuticals online[/url] mexican online pharmacies prescription drugs

  33. buying prescription drugs in mexico [url=https://mexicandeliverypharma.online/#]mexican drugstore online[/url] buying prescription drugs in mexico online

  34. mexican pharmaceuticals online [url=https://mexicandeliverypharma.online/#]mexico pharmacies prescription drugs[/url] mexican pharmaceuticals online

  35. cytotec pills buy online [url=http://cytotecbestprice.pro/#]cytotec abortion pill[/url] cytotec pills buy online

  36. how to get zithromax [url=http://zithromaxbestprice.pro/#]zithromax 500 tablet[/url] buy cheap generic zithromax

  37. tamoxifen hair loss [url=http://nolvadexbestprice.pro/#]common side effects of tamoxifen[/url] cost of tamoxifen

  38. tamoxifen mechanism of action [url=https://tamoxifen.bid/#]Purchase Nolvadex Online[/url] nolvadex generic

  39. buying lipitor online [url=https://lipitor.guru/#]buy lipitor 20mg[/url] buy lipitor with mastercard

  40. pharmacies in mexico that ship to usa [url=https://mexstarpharma.com/#]mexico drug stores pharmacies[/url] mexico pharmacies prescription drugs

  41. medication canadian pharmacy [url=https://easyrxcanada.com/#]reputable canadian pharmacy[/url] canadian pharmacy

  42. mexican online pharmacies prescription drugs [url=https://mexstarpharma.online/#]mexican drugstore online[/url] п»їbest mexican online pharmacies

  43. If somebody like Julia Roberts or Natalie Portman had a personal blog where they posted pictures of their vacations or something, would you still take them seriously as actors? Do you think celebrities with personal blogs are less credible and taken less seriously than those who don’t? Furthermore, would you visit their blogs to see what they are up to?.

  44. En cuanto al software de apuestas deportivas es único en España en comparativa con otras casas de apuestas, lo cual nos permite obtener un aliciente más en Sisal. Sisal es una casa de apuestas italiana con más de 75 años de experiencia, lo cual siempre es importante para satisfacer al usuario. La llegada a España se produce en el año 2019, pero ahora ya en este año 2021 es cuando muestra ese grado de madurez para afianzarse entre el público español. Ver Informe Ampliado de SISAL JUEGO ESPAÑA S.A. Ver más La evaluación de EcoVadis evalúa 21 criterios de sostenibilidad en cuatro temas principales (medio ambiente, trabajo y derechos humanos, ética y compras sostenibles) y Sisal obtuvo una puntuación de 72 sobre 100, lo que sitúa a la empresa en el percentil 96 superior.
    https://aleratrading.com/forum/member.php?action=profile&uid=133049
    La gran cantidad de operadores de apuestas que existen en la actualidad en todo el mundo hacen que la competitividad entre estas sea muy alta y que los usuarios tengan donde elegir. Pero muchas veces la información confusa o el mismo exceso de información puede hacer que no sepamos por qué casa de apuestas decidirnos a la hora de invertir nuestro dinero y tratar de ganar. Y si nos ponemos a analizar cada una de las casas de apuestas tenemos que valorar diferentes aspectos que suman puntos para encontrar la casa de apuestas ideal que dependerá, al fin y al cabo, de cada gusto personal. Las cookies, los identificadores de dispositivos o los identificadores online de similares características (p. ej., los identificadores basados en inicio de sesión, los identificadores asignados aleatoriamente, los identificadores basados en la red), junto con otra información (p. ej., la información y el tipo del navegador, el idioma, el tamaño de la pantalla, las tecnologías compatibles, etc.), pueden almacenarse o leerse en tu dispositivo a fin de reconocerlo siempre que se conecte a una aplicación o a una página web para una o varias de los finalidades que se recogen en el presente texto.

  45. Successful forex trading relies on various skills, including technical analysis abilities, fundamental market analysis, emotional stability, risk and money management and the use of proven trading strategies. Grasping the importance of leverage and using it prudently can play a vital part in reaching consistent profitability as a forex trader. Applying this knowledge wisely sets you apart from novices who often dive headfirst into the treacherous situation of using high leverage ratios without proper preparation and end up blowing up their trading account. When the stop-out level is breached, the broker will close your positions in descending order, starting with the largest position first. Closing a position will release the used margin, which in turn will increase the Forex margin level, which may bring it back above the stop-out level. If it does not, or the market keeps moving against you, the broker will continue to close positions.
    https://ml007.k12.sd.us/PI/Lists/Post%20Tech%20Integration%20Survey/DispForm.aspx?ID=54333
    SBI SA provide uninterrupted trading facility from 8:30 am to 4:30 pm and employs state of the art technology and information systems. We have strong relationship with correspondent banks across the globe with good trading limits which enhances the strength of our Forex treasury. India’s foreign exchange (forex) reserves jumped by $7.533 billion to hit a fresh record high of $674.919 billion for the week ended August 2. Reserve Bank of India (RBI) data showed on Friday that the overall kitty had dropped by $3.471 billion to $667.386 billion in the previous reporting week ended July 26. The previous record high was $670.857 billion, reached on July 18. International funds transfer facility through internet banking is only for resident Indian savings bank account holders only. So, it cannot be used by you for sending outward remittance from NRE or FCNR (B) account.

LEAVE A REPLY

Please enter your comment!
Please enter your name here