Tunacor to buy Samherji’s Heinaste vessel

09 November 2020 | Fishing

Windhoek · [email protected]


Tunacor has bought Samherji’s controversial fishing vessel, the Heinaste, for N$18 million, but a legal battle is looming from a section of shareholders opposed to the sale.

Attorney-general Festus Mbandeka has been approached to sanction the sale by board members of Esja Holdings, which owns 58% of the vessel.

But lawyer Elize Angula, representing the local shareholders of the vessel who claim to be authentic board members of the company, has told Mbandeka to stop any sanctioning of the sale of the vessel to Tunacor.

She said unless the attorney-general assures the local shareholders that he will delay any decision on the sale of the vessel while shareholders sort out their differences, an urgent application will be lodged today to stop him from making any hasty decisions.

Costly upkeep costing state

Under the proposal to sell, those who claim to be the legitimate shareholders of the company that owns the vessel, have asked Mbandeka to sanction the sale and the money would remain in the hands of the state until criminal investigations into vessel are completed.

Namibian authorities impounded the fishing vessel last November after it was caught fishing in a restricted area near Walvis Bay.

It has been sailing under the Namibian flag but has since been stateless and deregistered after being impounded.

The state, under whose custody the vessel is, has allegedly found it costly to maintain the upkeep of the Heinaste.

Esja Holdings enticed government to agree to the sale to save money.

“The state could no longer afford to maintain the vessel because there are high docking costs and also when a vessel stands still for such a long time in a place like Walvis Bay, it depreciates very fast,” a source close to the matter told Namibian Sun over the weekend.

The vessel is currently in dry dock at the Port of Walvis Bay.

Not approved
Local shareholders insist the agreement to sell was not approved by Mino Gariseb, whom they say is the legally-recognised chairperson of the company owning the vessel.

However, a board consisting of three representatives of Icelandic company Samherji and three local directors believe Gariseb is no longer the chairperson and thus cannot stand in the way of selling the vessel.

The Office of the Attorney-General is said to have consented to the transaction, although Prosecutor-General Martha Imalwa, the lead authority on the vessel’s alleged transgressions, said she was not aware that the vessel was being sold.

“I was out of office, so that is news to me. The Office of the Prosecutor-General is in charge of that vessel and it was seized in terms of the Prevention of Organised Crime Act,” she said.

Embattled Samherji

The vessel originally belonged to Icelandic fishing company Samherji, which finds itself embroiled in an international corruption scandal spanning Namibia, Norway and its native Iceland.

Tunacor general manager Peya Hitula explained that it would be utilising the vessel for its own benefit.

“We bought the vessel. Tunacor has contacted the office of the attorney-general in terms of the legalities around the vessel. All of those things are in the hands of the attorneys now,” he said.

Despite taking over the operations of the vessel, Hitula said Tunacor was not in any way connected to Samherji.

The vessel would be put into operation as soon as maintenance work on it had been completed, he added. The Heinaste is expected to enter Tunacor’s operations by the end of this month.

When approached regarding the matter, attorney-general Festus Mbandeka did not comment.

Samherji had 100% shareholding in the vessel until 2018 when local fishing companies bought a combined 45% shareholding in the vessel, valued at N$140 million.

Similar News

 

TIDES

1 day - 01 December 2020 | Fishing

Tuesday, 1 December High 03:53 Low 09:34 High 15:54 Low 21:55 Wednesday, 2 December ...

Grumpy’s fishing report

1 day - 01 December 2020 | Fishing

The full moon always brings some good luck for anglers as it results in the high tide being super high and the opposite happens for...

Namibian hake industry makes history

1 week ago - 25 November 2020 | Fishing

The Namibia hake trawl and longline fishery has become the first in Namibia, and the second in Africa, to meet the globally recognised standard for...

TIDES

1 week ago - 24 November 2020 | Fishing

Tuesday, 24 November Low 05:30 High 12:02 Low 18:22 High 00:37 Wednesday, 25 November Low...

Grumpy's fishing report

1 week ago - 24 November 2020 | Fishing

The clean or clear looking water along the shores contributed to the tough fishing conditions this past week. There is however a little bit...

Kawana, Seaflower moet vergader

1 week ago - 21 November 2020 | Fishing

Windhoek ∙ [email protected] ’n Vakbondleier pleit in ’n e-pos aan die ministerie van visserye en mariene hulpbronne dat kwotas aan Seaflower Pelagic Processing...

Grumpy’s fishing report

2 weeks ago - 17 November 2020 | Fishing

The cleaner water made fishing conditions a bit tougher. There were however some decent big fish caught with one such beast caught at the Super...

‘Fishcor-bestuur saboteer ons rol’

2 weeks ago - 14 November 2020 | Fishing

Windhoek · [email protected] Spanning bou op tussen die raadslede van die National Fishing Corporation of Namibia (Fishcor) en die bestuur en aandeelhouers van dié...

Grumpy’s fishing report

3 weeks ago - 10 November 2020 | Fishing

The long awaited and much anticipated arrival of the snoek finally materialized with this delicious delicacy being caught by the deck loads. A deck load...

Samherji ex-workers plead with Geingob

4 weeks ago - 03 November 2020 | Fishing

Windhoek · [email protected] members of the seized Heinaste fishing vessel, which belonged to controversial Icelandic company Samherji, have pleaded with President Hage Geingob to prioritise...

Latest News

‘Enjoy this festive season responsibly’...

9 hours ago | Government

President Hage Geingob has called on Namibians to remember that Covid-19 remains a threat in light of the approaching festive season and given various family...

Are we failing our children?

9 hours ago | Education

Bernadette HessOver the years we have experienced many highs and lows in our teaching profession. “When our learners excel academically or in extra-curricular activities we...

Upgrading the Kranzberg railway

9 hours ago | Infrastructure

Arandis • [email protected] The minister of works and transport John Mutorwa officiated the start of the upgrade of the Walvis Bay to Kranzberg railway...

Health minister outlines Covid-19 response...

23 hours ago | Health

The minister of health and social services Dr Kalumbi Shangula, highlighted various measures put in place at the 20th Covid-19 briefing. Shangula said that Covid-19...

CAN says thank you

1 day - 01 December 2020 | Society

The Cancer Association of Namibia (CAN) officially wraps up its annual schedule this week.“Many important annual events and programmes could not take place this year...

Kersfees kom vroeg met laer...

1 day - 01 December 2020 | Energy

Goeie nuus vir motoriste is dat die pryse van petrol en diesel volgende week daal.Volgens die woordvoerder van die ministerie van myne en energie, mnr....

IPC fills top Walvis municipal...

1 day - 01 December 2020 | Local News

Walvis Bay • [email protected] The Independent Patriots for Change (IPC) took charge of what is regarded as the key positions in the Walvis...

Residents demand land and housing...

1 day - 01 December 2020 | Infrastructure

Swakopmund • [email protected] members of the Swakopmund Housing for All group handed over a petition at the Swakopmund municipality after a peaceful march from the...

Food Fest kom weer ...

1 day - 01 December 2020 | Events

Swakopmund • [email protected] Verlede jaar se Nedbank Food Fest het feesgangers op ’n geurige reis oor die hele wêreld geneem. Fest-organiseerder, Dalene...

Load More