A high-stakes legal battle is unfolding in the High Court of Namibia as prominent businessman Benjamin Hauwanga and his associated entities launch another legal counter-offensive against Bank Windhoek, seeking to overturn a multi-million-dollar summary judgment. According to particulars of claim filed on Tuesday, 10 November by Comalie Mughandira Shifeta Incorporated, the dispute stems from a commercial loan agreement of nearly 149 million Namibian dollars. The plaintiffs are asking the High Court to declare the July 2026 summary judgment and ensuing writs of execution a nullity, or to have them rescinded. Central to the lawsuit, BH Spares and Accessories is claiming over N$44.7 million from Bank Windhoek, alleging the bank made unauthorised deductions from its account over a 17-month period without written instructions. The plaintiffs further argue that the underlying surety agreements are legally invalid. No hearing date has yet been set down following the filing of summons yesterday.
The post Hauwanga Launches Fresh Legal Challenge Against Bank Windhoek appeared first on Future Media News.