Namibian court delays US software fugitive's trial

Alexander has bought a home in Namibia and pledged to invest $14 million in the southwestern African nation, prompting critics to accuse him of buying influence.

Namibian court delays US software fugitive's trial
A court delayed on Wednesday the case on fugitive U.S. millionaire Jacob "Kobi" Alexander trying to escape extradition from Namibia over an alleged scheme to backdate millions of executive stock options.

Alexander, the former chief executive of New-York based software maker Comverse Technology Inc, has denied wrongdoing, blaming instead poor financial and legal advice. He resists moves to send him back to the United States to face trial.

Cosmos Endjala, the presiding magistrate, said the case would be heard on June 9 to allow time for Alexander to challenge the constitutionality of his extradition in the country's Supreme Court of Appeal.

Alexander has bought a home in Namibia and pledged to invest $14 million in the southwestern African nation, prompting critics to accuse him of buying influence.

He has fought extradition since his arrest in 2006 by Interpol officers, acting on a warrant issued by the U.S. Department of Justice.


Reuters

Güncelleme Tarihi: 04 Mart 2009, 14:32
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