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Thursday, 22 October 2026
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Namibian press · Organization

Eco Fuel

Also known as: Eco Fuel Investment CC · Eco Fuel Trading · Eco Fuel Investments CC

Fuel supplier linked to fugitive Victor Malima, involved in Roads Contractor Company scandal where N$17 million in fuel payments were not delivered.

2025-02-242026-10-22

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What’s been said

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  1. September 2026
  2. The Namibian

    Eco Fuel Investment CC has been linked to Malima

    Source

    “This fuel contractor company has been linked to Malima.”

    RCC pays N$30m in undelivered fuel deal
  3. July 2025
  4. The Namibian

    Eco Fuel was implicated in one of the country's most explosive corruption scandals

    Source

    “Instead, it has become one of the companies implicated in one of the country's most explosive corruption scandals.”

    Fuel tycoon, 34, at centre of N$380m Namcor scandal
  5. February 2025
  6. The Namibian

    Eco Fuel spokesperson Hamberera Andreas denied wrongdoing

    Source

    “Speaking to The Namibian last week, Eco Fuel spokesperson Hamberera Andreas said their company operates as a contractor for RCC but denied wrongdoing.”

    ACC probes Roads Contractor Company boss over N$1.5m fuel tender

Yesterday

  1. Minister Nekundi denies pressuring RCC boss over fuel payments

    Minister of works and transport Veikko Nekundi has denied contacting Roads Contractor Company acting chief executive Dasius Nelumbu to approve fuel payments to Eco Fuel, a company linked to fugitive Victor Malima. Malima and associates were paid N$30 million to supply fuel to RCC but failed to deliver N$17 million worth of fuel.

    14 hours ago · The Namibian →

Sunday 11 October

  1. RCC acting CEO blames political interference for fuel payment scandal

    The acting chief executive of the Roads Contractor Company alleges that political interference and a fellow executive caused the company to pay N$17 million for fuel that was never delivered, with payments made to a company linked to fugitive Victor Malima. The acting CEO, who was placed on forced leave, has called for a commission of inquiry to clear his name and investigate alleged lost RCC assets and questionable contracts.

    11 October 2026 · The Namibian →

Tuesday 6 October

  1. RCC acting CEO placed on leave over N$17m fuel deal

    The Roads Contractor Company has placed acting chief executive Dasius Nelumbu on leave while investigating his involvement in a N$17 million fuel transaction involving undelivered fuel allegedly paid to entities linked to fugitive businessman Victor Malima. The fuel dealings involve companies connected to individuals implicated in the Namibia National Petroleum Corporation corruption case.

    6 October 2026 · The Namibian →

Sunday 20 September

  1. RCC paid N$30m for fuel, N$17m never delivered

    The state-owned Roads Contractor Company paid N$30 million to suppliers for fuel, of which N$17 million's worth was never delivered. The deal is linked to fugitive businessman Victor Malima and involves transactions personally approved by RCC interim chief executive Dasius Nelumbu between September 2023 and July 2025.

    20 September 2026 · The Namibian →

Friday 18 September

  1. RCC board launches investigation into fuel supply contracts

    The Roads Contractor Company board has begun a thorough internal investigation into fuel supply transactions involving Oshali Fuel Centre CC and Eco Fuel Investment CC, following a media report. The board has adopted a zero-tolerance approach to misappropriation and pledged to hold responsible parties accountable if misconduct is confirmed.

    18 September 2026 · The Namibian →

Tuesday 10 February

  1. Malima's mother and aunt arrested in oil-rot fraud case

    Martha Ndinelao Antindi, mother of fugitive Victor Malima, and his aunt Johanna Hambelela Mundjego were arrested and made their first court appearance in connection with the oil-rot fraud and corruption matter. They face three counts each, including dealing with gratification, money laundering, and theft, allegedly involving N$1.5 million in unlawful proceeds from Namcor that passed through companies in which they held interests.

    10 February 2026 · New Era →

  2. Fugitive Malima's mother and aunt face fraud charges

    Martha Ndinelao Antindi, mother of wanted fugitive Victor Malima, and his aunt Johanna Mundhego appeared in Windhoek Magistrate's Court facing theft, money laundering, and graft charges related to a N$400 million Namcor fraud case in which the state alleges they received illegal transfers totalling N$1.5 million through Eco Fuel entities.

    10 February 2026 · Informanté →

Eco Fuel — Namibian press coverage · Namibia Minute