Ex-Comverse Chief, A Fugitive In Africa, Gets Another Reprieve
Jacob Alexander's legal team maintained the presiding magistrate was biased against him and a resolution of the extradition issue was put off until June.
Battling extradition to the U.S. from his idyllic refuge in Namibia, Jacob "Kobi" Alexander has gained another reprieve -- this time until June 8 -- as he continues to mount a massive public relations campaign to win the hearts and minds of Namibians.
In court proceedings Wednesday, Alexander's legal team maintained the presiding magistrate was biased against Alexander and a resolution of the extradition issue was put off until June. Alexander, the former chief executive of Comverse Technologies, has been on the run for nearly a year and is facing a long litany of charges over Comverse stock option grants.
According to media reports from the African nation, Alexander has sponsored a giant billboard in Windhoek trumpeting his local charities. He is said to have pledged $1.4 million in aid for educational charities and ,on the day before his latest court appearance, he announced the Kobi and Hana Alexander Scholarship Fund to promote science and engineering.
His efforts have been at least partially successful as the Namibian Ministry of Education has praised his efforts. "Through the scholarship Mr. Alexander is committing a sum of N150,000 ($21,345) per annum for rewarding top performing students both at primary and secondary school levels," according to a ministry statement.
Alexander faces a string of charges brought by U.S. law enforcement authorities relating to options grants, including backdating and awarding options indiscriminately to favored employees. Alexander has denied the charges.
Previously, the Comverse former general counsel, William Sorin, and the firm's former CFO David Kreinberg, pled guilty to charges relating to the firm's granting of options.
Alexander has purchased a home in Namibia and his children are attending local schools.
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