ED Magedson – Founder
NHE CERTIFICATION 2014 NHE CERTIFICATION HOUSING 2014 Internet
NHE Certification Scam February 2014
THE National Housing Enterprises (NHE) has paid at least N$785,640.31 in legal fees for its Chief Executive Officer Vinson Hailulu who is facing criminal charges instituted against him by the Anti-Corruption Commission (ACC) a few years ago.
Hailulu stands accused of theft after allegations of misusing the NHE credit card, extending benefits at the expense of the NHE to the board chairman who was his business partner, unlawfully extending benefits to himself and his family and allowing NHE employees to conduct private work for him at the expense of the company were levelled against him.
Last month Hailulu lost a High Court bid to stop the ACC from investigating him after Judge President Petrus Damaseb found that the ACC was justified in initiating an investigation against him in 2007.
According to a letter dated August 19 2011, in possession of Confidente written by board chairman of NHE Jason Nandago to John Mugaviri then Senior Manager Finance, Human Resources and Administration, NHE had to pay for Hailulu’s huge legal bill.
“….. The board of directors of NHE has on a robin round basis, resolved that the enterprises should assume the responsibility to pay 95 percent of the legal costs by Mr V Hailulu regarding the court case involving the ACC. The purpose of this letter therefore is to direct you to process payment to CEO, Mr V Hailulu with respect to the legal fees that he was subjected to pay in the court case matter involving the Anti-Corruption Commission (ACC). The amounts payable are as follows: Total N$826 989.80 minus N$41 349.49 five percent payable by Mr Hailulu, total payable by NHE N$785 640.31,” Nandago wrote.
dont fall for there scam!
This report was posted on Ripoff Report on 02/26/2014 01:07 PM and is a permanent record located here: http://www.ripoffreport.com/r/NHE-CERTIFICATION-2014/internet/NHE-CERTIFICATION-2014-NHE-CERTIFICATION-HOUSING-2014-Internet-1126737. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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