Coenie Botha and wife Charlotte Murove arrested again
CBI Global founder Coenraad Botha (69) and wife Charlotte Murove (31) have been charged with sixty-three criminal offenses related to the CBI Global Ponzi scheme.
Following their arrest on Monday the 11th , a defense attorney argued Botha’s and Murove’s arrest was unlawful.
Based on there being no appropriate warrants issued for Botha or Murove, Windhoek Magistrate’s Court magistrate Dawid Mukuyu agreed.
Botha and Murove were released on Magistrate Mukuyu’s order. Shortly after release, Botha and Murove were then arrested again last Friday. Presumably this time with the correct warrants issued.
Police officers testified that at the time of their arrest, Botha and Murove were attempting to flee to Dubai. Botha has since claimed he was only “travelling to South Africa to visit friends”.
Dubai provides shelter to criminals from all over the world. Had Botha and Murove fled, it’s unlikely they’d ever face justice in Namibia.
Botha and Murove have been charged with:
- thirty-one counts of conducting an unauthorized banking business;
- thirty-one counts of money laundering and
- one count of running a Ponzi scheme
Namibian authorities peg CBI Global investor losses at over N$160 million ($8.4 million USD).
CBI Global Compliance Officer and Botha’s personal attorney Afrika Jantjies (right) was also arrested last Wednesday.
Jantjies was later released without charges filed. Despite appearing to be an obvious conflict of interest, Jantjies is now representing Botha and Murove.
Update 8th June 2024 – Somewhat predictably, Namibian authorities failed to present a case at Coenie Botha’s April bail hearing. This saw Botha and Charlotte Murove released on bail.
Why am I getting the feeling Namibia is going to fumble prosecution of an obvious $8.4 million plus Ponzi scheme…
If the justice system is anything like it is in South Africa then you may be right. Let’s hope not, but this is almost normal unfortunately. In South Africa, they can even “lose” the case file or bribe the judge. The realm of possibility is endless.
Coenie’s new defense attorney (since their old one is on the line with them possibly haha) seems to be familiar with being complicit in crime:
Huh? After Jantjies arrest he was released later the same day. They haven’t charged him.
Now he’s back to representing Botha and his wife. I take it that means the Public Defender assigned in the meantime has been relieved.
On the plus side Botha got to do another perp walk.
Yeah I guess Jantjies is cheaper on the whole and they just had Namanje handle their first one while he was on the hook
@Concerned agreed. Unlike Namibia, South Africa has become a failed state, as education is no longer a pre- requisite for a government job.
Namibia on the other hand still have a judiciary that works – noticeably much smarter all round.
Let’s hope they put them away soon. These scams are destroying African dreams, families and lives.
@ Evelyn
I’m not so sure about Namibia being in a better condition than South Africa. That’s your own prejudice speaking. Both of them are pretty much at the same level on every marker.
I wonder how Botha reconciles his early career as a petty apartheid bureaucrat with his later life forgetting the colour bar?