US EditionRussian billionaire keeps 99-year Namibia farm deal
Summary by The Namibian
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Russian billionaire keeps 99-year Namibia farm deal
A farm purchase and lease scheme through which Russian billionaire Rashid Sardarov gained control of more than 17 000 hectares of Namibian farmland for 99 years has withstood a legal challenge by the Popular Democratic Movement (PDM). The scheme remains in place after judge Orben Sibeya dismissed an application by the PDM to set aside the lease of four farms to a company of Sardarov in the Windhoek High Court on Friday. Sibeya found that there i…
·Windhoek, Namibia
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