Namibia, South Africa - U.S. Wants Extradition of Former Software Executive

Namibia, South Africa - The U.S. has requested the extradition from Namibia of Jacob "Kobi" Alexander, accused in the United States of hatching a scheme to pocket millions of dollars by secretly manipulating stock options, the U.S. Embassy spokesman said.

The request was submitted. No date was set for an extradition hearing for the former chief executive of voicemail-software maker Comverse Technology Inc.
Alexander was granted bail by a Namibian court earlier this month on condition that he hand in his passport, stay in the Windhoek district and report twice a week to an Interpol inspector.