Icelandic Seafood Company Withdraws from Namibia After Bribery Charges

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Saturday, January 25, 2020
Author: 
Bruce Zagaris
Volume: 
36
Issue: 
1
Abstract: 
On January 17, 2020, Samherji’s acting chief executive Björgólfur Jóhannsson issued a statement, confirming his company’s withdrawal from its businesses in Namibia, including a N$400 million[1] vessel it purchased with Namibians, using state-allocated fishing quotas.[2]