Former insurance broker Daniel Kashima says he was expecting money from his alleged victim on the day he was arrested in connection with N$2.2 million’s fraud.
Kashima was testifying in his bail application in the Oshakati Magistrate’s Court on Tuesday.
He told the court he was expecting money from Andalberd Shilongo on 19 May as part of a business transaction after approaching him for financial assistance.
“On 19 May 2026, I had a pending business transaction . . . cash on business with Mr Shilongo because I was looking for financial assistance from him,” Kashima said.
He said Shilongo called him on that day and asked where he was before suggesting they meet at a pharmacy near Oshakati Police Station.
Kashima said when he arrived, he encountered the investigating officer, detective sergeant Ignatius Kandenge.
“We then greeted each other. Then he told me he saw my name in a police docket at Oshakati Police Station,” Kashima testified.
He said Kandenge took him to his office and told him a fraud case had been opened against him and several other people.
Kashima said he was informed that the case concerned money belonging to Shilongo that had allegedly been stolen from Momentum Metropolitan.
“He [Kandenge] asked if I have any knowledge of the incident. He said since a case had been opened with the police, I was under arrest,” Kashima said.
He denied the allegations against him.
Public prosecutor Yeukai Kangira, however, directly challenged his account, telling him the meeting with Shilongo was not about a legitimate business transaction.
“Sir, you were not waiting for a business transaction. You expected to defraud Mr Shilongo. You wanted to steal money from him so you could go galavanting,” Kangira said.
Kashima rejected the accusation, telling the court he is a legitimate businessman.
Kangira then warned Kashima: “Lies will catch up with you during this bail application.”
ALLEGED SCHEME
The case relates to alleged fraud involving N$2.2 million of Shilongo’s savings policy with Momentum Metropolitan.
According to Kandenge’s statement, the money was allegedly transferred into a NamPost account opened in Shilongo’s name using a forged identity document.
The funds were then allegedly transferred to another account in instalments of N$480 000 and N$250 000 before being rapidly withdrawn.
Kandenge alleges in the statement that Kashima played a central role in the scheme because his work as an insurance broker gave him access to information relating to Shilongo’s policy.
The statement alleges that Kashima invited former Old Mutual employee Wilbard Anstino to a planning meeting, after which other suspects were brought into the scheme.
They include Michael Ndashaala, Shoopala Moongo and former Momentum Metropolitan employee Apollos Haupindi.
The investigator says forged identity documents, including one with Shilongo’s personal details, were produced and used to open NamPost accounts and facilitate the movement of the money.
A white Mercedes-Benz C200 linked to Kashima was seized during the investigation, Kandenge’s statement says.
The post Former insurance broker arrested over N$2.2m fraud scheme appeared first on The Namibian.
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