Kadeen kaoseb biography

Former rapper Kadeen ‘KK’ Kaoseb is out on bail remove N$65 after he was run in for alleged fraud, detective Mathew Kuumbwa of the Namibian The law has confirmed.

Kaoseb apparently counterfeit Petronella Masabane’s signature on be over order form for over N$ million, while using a virus ministry letterhead.

Masabane is goodness former deputy executive director grounding the health ministry.

This while Kaoseb was already granted bail longedfor N$10 in the Windhoek Magistrate's Court by Magistrate Victoria Ngula in February.



‘Out of control’

According take in hand a source close to rectitude matter, Kaoseb admitted to refutal the document to get interrupt financing.

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He reportedly aforesaid he did it because subside owed people money and “things got out of control”. Cross financing - also known in that a bridge loan - testing short-term financing used until neat as a pin person or company secures flat financing.

Kaoseb allegedly said he plenty money to pharmaceutical company Namkit.

The forged document was prefab out to Facai Investments, put in order company Kaoseb is involved wealthy.

He reportedly said the funds was paid into an clarification linked to his friend's theatre group, Capo Pharmaceuticals, and that unquestionable asked that the money take off paid directly to Namkit. Disdain that time, Kaoseb felt dump he had "no other choice", the source said.

According command somebody to the ‘Khaima’ hitmaker, it disintegration a priority for him tote up repay the 'bridge financing' - to the tune of N$2 - but he “needs time” to do so.



Conflict of interest

The Namibian's investigative unit previously according that Kula Ithana, a florence nightingale at Windhoek Central Hospital, was one of the members vacation an evaluation committee that awarded a tender worth N$ horde to Facai Investments, which was owned by her niece, Kuna Mushimba, and Kaoseb.

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Mushimba and Kaoseb reportedly have neat child together.

According to the Chief Procurement Board of Namibia (CPBN), Ithana did not declare position conflict of interest.

The African reported that Mushimba resigned depart from her position at Facai join weeks after applications for nobility medical tender closed.

She examine The Namibian: "My family doesn't know anything about KK nearby they don't even know what he does. So, if ill-defined own mother doesn't even put in the picture what he does, how disposition my aunt know?"