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ODC: The latest developments

ODC: The latest developments

* Part of the missing millions could belong to the NDC, suspected to have given money to the ODC to invest.

As much as N$40 million could have been transferred for the Great Triangle investment. * ODC Officials remain tight-lipped on any details related to the N$100 million they invested with Great Triangle as speculation mounts that “the money is gone”.* ODC lawyer Andrew Theunissen had no comment on Friday on any progress with tracing the money.* Board Chairperson Gerdus Burmeister says he has not been in contact with ODC CEO Abdool Aboobakar and could also not say whether any progress had been made.* Eastern Cape newspaper The Daily Dispatch makes contact with Philip Fourie, the man ODC officials have named as their contact with Great Triangle Investments.* Philip Fourie was the former Amatola Water Board CEO, where he was accused of attempting to cede N$1,6 billion in public assets for private transactions.* ODC Officials remain tight-lipped on any details related to the N$100 million they invested with Great Triangle as speculation mounts that “the money is gone”.* ODC lawyer Andrew Theunissen had no comment on Friday on any progress with tracing the money.* Board Chairperson Gerdus Burmeister says he has not been in contact with ODC CEO Abdool Aboobakar and could also not say whether any progress had been made.* Eastern Cape newspaper The Daily Dispatch makes contact with Philip Fourie, the man ODC officials have named as their contact with Great Triangle Investments.* Philip Fourie was the former Amatola Water Board CEO, where he was accused of attempting to cede N$1,6 billion in public assets for private transactions.

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