Wednesday, February 27, 2008

The bad joke that never ends: 911 insider Kobi Alexander still safely ensconced in Namibia though never ending adjournments

Alexander extradition proceedings postponed; former Comverse CEO arrested in September

WINDHOEK, Namibia: A lawyer for a multimillion dollar fraud suspect says Namibian extradition proceedings have again been postponed.

Jacob "Kobi" Alexander is accused in the U.S. in a scheme to pocket millions by manipulating stock options. His lawyers argue extradition proceedings should wait until a higher court decides on their request for a new magistrate. The High Court will consider that request starting June 16.

According to Alexander's lawyer Louis Du Pisani, the extradition hearing originally set for Monday now is set for June 26. It is the latest in a string of postponements. Alexander remains free on bail.

The former chief executive of voicemail-software maker Comverse Technology Inc. was arrested in Namibia in September.

Original article posted here

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