Its population of about 2 million is roughly equivalent to the population of the Cleveland metropolitan area. Adjacent to South Africa on Africa’s west coast, Nambia’s climate ranges from desert to subtropical, and is generally hot and dry.
Windhoek (pronounced “Vind-hook”), Namibia’s capital, where Alexander reportedly was living, has about 230,000 people, and has a semi-desert climate.
From time to time over the last ten years, I thought about Alexander in his Namibian hideaway.
According to , Namibia is about half the size of Alaska, but is one of the most sparsely populated countries on earth.
S., Alexander traveled first to Germany and then to Namibia, an African country with which the U. As I noted in an April 2007 post about Alexander’s Namibian retreat (here), Alexander has sought to ingratiate himself to his Namibian hosts by investing in local business and making large charitable donations.
As Bruce Carton also noted in his August 25, 2016 Compliance Week post about Alexander’s return (here), Alexander also reportedly paid for 200 guests to fly from New York and Israel for his son’s Bar Mitvah.
In May 2006, just before he was indicted on multiple counts of securities fraud in connection with alleged options backdating, Alexander traveled to Israel.
Namibia also came up a short time ago, as scholarship has emerged about the brutal genocide that took place in what is now Namibia under German colonial rule in the late 19 century. District Judge Nicholas Garaufis to enter a guilty plea to a single count of securities fraud relating to options backdating.In addition, the securities class action lawsuit that investors filed against the company and its directors and officers was settled in December 2009 for 5 million, inclusive of a million contribution from Alexander.At about the same time, the parties to the Comverse Technology options backdating-related derivative lawsuit also reached a settlement; the bulk of the settlement consisted of Alexander’s separate agreement to pay the million toward the securities lawsuit settlement.Alexander, 64, an Israeli citizen who founded digital voicemail pioneer Comverse in 1982, returned last year to plead guilty to securities fraud after fleeing to Namibia in 2006 to evade prosecution for backdating stock options and trying to bribe an underling to take the fall. Alexander claimed in a letter to the judge that he fled out of fear of a draconian sentence for a white-collar crime and fought extradition for a decade because he was “terrified” by seeing his name on a Most Wanted list with Osama bin Laden. He was also charged with obstruction for offering another executive a bribe to take responsibility for the scheme.“I really don’t understand how someone as brilliant and accomplished and focused and respected as you could be so incredibly, abjectly foolish as to make some of the decisions you made,” said U. In brief remarks before the sentence was announced, Alexander, who has been jailed since his return to the U. last August, asked for leniency, telling the judge in a quiet voice that he was “truly sorry.” “I deeply regret my decision to run away instead of dealing with the justice system like I should have,” he said. Two other Comverse officials eventually pleaded guilty.