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Norway's DNB to investigate allegedly improper Icelandic payments to Namibia

Wed 13th November, 2019 2:43pm
OSLO, Nov 13 (Reuters) - Norwegian bank DNB  DNB.OL  is
investigating media allegations that an Icelandic company
transferred money via the bank to bribe Namibian officials, DNB
said on Wednesday.
    Iceland's public broadcaster reported on Tuesday that
fisheries group Samherji had made illicit payments worth
millions of dollars to secure fishing quotas in Namibia.
    "We are of course investigating the claims," DNB said of the
report.
    Separately, Namibian media reported that two Namibian
ministers had resigned from their cabinet positions on Wednesday
following the Icelandic news report.  urn:newsml:reuters.com:*:nJ8N27A00P
    The Namibian government had no immediate comment.
    Samherji said in a statement it had hired a law firm to
investigate the allegations.
    "We have engaged the international law firm Wikborg Rein in
Norway to investigate the activities in Namibia. In this
investigation, nothing will be excluded and we will disclose its
findings as soon as they become available," it added.
    Wikborg Rein was not immediately available for comment when
contacted by Reuters.
    Samherji was not available for further comment when
contacted by Reuters.

 (Reporting by Terje Solsvik and Gwladys Fouche in Oslo and
Stine Jacobsen in Copenhagen; Editing by Mark Potter)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70; Reuters
Messaging: terje.solsvik.thomsonreuters.com@reuters.net))
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