account he holds at First National Bank. Between 18 June 2014 and an 18 March 2015 the amount of N$ 2 730 000 was moved between Mr Kamunguma’s cheque account and his 32 days investment account. [4] Large amounts of cash were also withdrawn from those accounts, as an example on 2 July 2014 an amount of N$ 12 500 was withdrawn from Mr Kamunguma’s cheque account, on 14 August 2014 a cash amount of N$ 54 000 was withdrawn from Mr Kamunguma’s cheque account and on 24 November 2014 a cash amount of N$ 85 000 was withdrawn from Mr Kamunguma’s cheque account. [5] The transactions that I have mentioned above in paragraphs three and four were reported to the Anti-Corruption Commission which conducted an investigation on the accounts of Mr Kamunguma. The Anti-Corruption Commission’s investigations confirmed the movement of the funds between the accounts held by Mr Kamunguma at First National Bank and also revealed that: On 24 November 2014, Mr Kamunguma withdrew a cash amount of N$ 85 000 from his FNB cheque account and on the same date purchased a Volkswagen Polo Vivo vehicle with registration number N 58897 W. On 16 December 2014 Mr Kamunguma transferred an amount of N$ 183 880-97 to an account which is held at Nedbank Namibia in his name. The amount of N$ 183 880-97 which he so transferred was used to pay off a motor vehicle financing loan at Nedbank in respect of a Mazda 3.0 DIT 4 x 2 SLE with registration number N 78991 W, and On 23 February 2015 Mr Kamunguma transferred an amount of N$ 2 000 000 from the cheque account to an investment account (Account number 712537xxxxx) held at First National Bank of Namibia in the name of Mr Kamunguma, the maturity date of the investment was 23 February 2016. [6] An officer of the Anti-Corruption Commission interviewed Mr Kamunguma with a view to establish the source of the N$ 2 788 054 - 37 which was paid into Mr Kamunguma’s cheque account. Mr Kamunguma informed the officer that the
account he holds at First National Bank. Between 18 June 2014 and an 18 March 2015 the amount of N$ 2 730 000 was moved between Mr Kamunguma’s cheque account and his 32 days investment account. [4] Large amounts of cash were also withdrawn from those accounts, as an example on 2 July 2014 an amount of N$ 12 500 was withdrawn from Mr Kamunguma’s cheque account, on 14 August 2014 a cash amount of N$ 54 000 was withdrawn from Mr Kamunguma’s cheque account and on 24 November 2014 a cash amount of N$ 85 000 was withdrawn from Mr Kamunguma’s cheque account. [5] The transactions that I have mentioned above in paragraphs three and four were reported to the Anti-Corruption Commission which conducted an investigation on the accounts of Mr Kamunguma. The Anti-Corruption Commission’s investigations confirmed the movement of the funds between the accounts held by Mr Kamunguma at First National Bank and also revealed that: On 24 November 2014, Mr Kamunguma withdrew a cash amount of N$ 85 000 from his FNB cheque account and on the same date purchased a Volkswagen Polo Vivo vehicle with registration number N 58897 W. On 16 December 2014 Mr Kamunguma transferred an amount of N$ 183 880-97 to an account which is held at Nedbank Namibia in his name. The amount of N$ 183 880-97 which he so transferred was used to pay off a motor vehicle financing loan at Nedbank in respect of a Mazda 3.0 DIT 4 x 2 SLE with registration number N 78991 W, and On 23 February 2015 Mr Kamunguma transferred an amount of N$ 2 000 000 from the cheque account to an investment account (Account number 712537xxxxx) held at First National Bank of Namibia in the name of Mr Kamunguma, the maturity date of the investment was 23 February 2016. [6] An officer of the Anti-Corruption Commission interviewed Mr Kamunguma with a view to establish the source of the N$ 2 788 054 - 37 which was paid into Mr Kamunguma’s cheque account. Mr Kamunguma informed the officer that the