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Real estate tycoon in court – Allgemeine Zeitung

Stina Wu is asked to pay by the development bank

The politically well-connected real estate tycoon Qiaoxia Wu, also known as Stina Wu, is being prosecuted by the Namibian Development Bank and is finally supposed to repay loans worth almost N$68 million. The bank loans go back to 2017.

Kenya Kambowe

By Kenya Kambowe(Edited by S. Noechel)Ondangwa/WindhoekThe politically connected real estate magnate Qiaoxia “Stina” Wu was hired by the state-owned Development Bank (D…

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