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Development Bank suspends three more employees

Development Bank suspends three more employees

The Development Bank of Namibia (DBN) has suspended an additional three of its employees the bank announced Monday.

The development is a result of their investigation into alleged misconduct in allocated finance, announced at the end of April.

Speaking about the investigation, DBN Spokesperson Di-Anna Grobler said if there are alleged irregularities, the Bank will follow through with investigation of the matter and take appropriate steps to ensure that the integrity of the Bank is preserved.

She stated that the current investigation is in its final stages and the Bank will make appropriate announcements when it is concluded.


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Mandisa Rasmeni

Mandisa Rasmeni has worked as reporter at the Economist for the past five years, first on the entertainment beat but now focussing more on community, social and health reporting. She is a born writer and she believes education is the greatest equalizer. She received her degree in Journalism at the Namibia University of Science and Technology (NUST) in June 2021. . She is the epitome of perseverance, having started as the newspaper's receptionist in 2013.