NNN adviser Shindume faces scrutiny over N$15m Agribank debt

President Netumbo Nandi-Ndaitwah’s newly appointed economic adviser, Shali Shindume, reportedly owes Agribank over N$15 million, raising critical questions about high-level government vetting processes.

The N$15-million loan was obtained while Shindume was the bank’s credit manager.

Agribank approached the High Court in 2021 due to a breach of contract to seek the payment of the outstanding amounts of about N$14 million, of which about N$5.5 million was the amount in arrears.

This is apart from interest and legal fees, as well as an order declaring Shindume’s property executable.