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Monday, 8 June 2026
Namibia’s news, on the hour · Est. 2026
Monday, 8 June 2026
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Namibian press · Person

Immanuel Mulunga

Also known as: former Namcor MD · Mr Mulunga · managing director Immanuel Mulunga

Immanuel Mulunga — former Namcor managing director accused in N$400 million fraud case, granted High Court bail in April 2026.

2022-10-212026-06-08
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What’s been said

Key points drawn from coverage. Tap a point to see the original sentence.

  1. April 2023

  2. The Namibian

    Immanuel Mulunga was investigated and suspended after finalising transaction without board approval

    Source

    “It appears Mulunga went ahead to finalise the transaction without the board's blessing. This led to Mulunga being investigated and suspended.”

    Namcor’s oil partner’s ‘hands not clean’ – report

  3. The Namibian

    Immanuel Mulunga has been accused of making an unauthorised N$100 million payment to an Angolan partner

    Source

    “She was arrested in connection with drug dealing just before a meeting that was set to discuss possible action against managing director Immanuel Mulunga, who has been accused of making an unauthorised N$100 million payment to an Angolan partner.”

    Police investigate themselves over Namcor arrest

  4. The Namibian

    Immanuel Mulunga made N$100 million payment without board approval

    Source

    “The ACC has given Namcor until today to answer their questions regarding the transaction that was made without the board's approval.”

    ACC investigates Mulunga's N$100m payment

  5. The Namibian

    Mulunga allegedly paid N$100 million to an account in Mauritius

    Source

    “The money was allegedly paid to an account in Mauritius, adding more question marks to the transactions.”

    ACC investigates Mulunga's N$100m payment

  6. The Namibian

    Immanuel Mulunga was suspended following reports that he made N$100-million payment to two Angolan oil blocks without board approval

    Source

    “Mulunga was suspended following media reports that he made a N$100-million payment to two Angolan oil blocks without the approval of the Namcor board.”

    Shiimi denies being related to Namcor acting MD

  7. The Namibian

    Immanuel Mulunga was suspended by Namcor board on Tuesday pending investigation

    Source

    “The Namcor board suspended Mulunga on Tuesday after reports regarding the unauthorised payment of N$100 million for an oil block in Angola.”

    Namcor probes Mulunga for feeding media, defending finance executive

  8. The Namibian

    Managing director Immanuel Mulunga received N$2,2 million in salary during 2021/2022

    Source

    “According to the report, the entity paid managing director Immanuel Mulunga, as part of its key management, N$2,2 million in the financial year under review.”

    Namcor spent N$118m on 189 employees’ salaries

  9. The Namibian

    Immanuel Mulunga is accused of making an unauthorised payment of N$100 million for an oil block in Angola

    Source

    “Last week, the Namcor board held meetings to discuss possible action against Mulunga, who is accused of making an unauthorised payment of N$100 million for an oil block in Angola.”

    Namcor suspends Mulunga

  10. The Namibian

    Managing director Immanuel Mulunga made controversial N$100 million deal

    Source

    “Finance minister Iipumbu Shiimi has defended his decision to approve the payment of N$375 000 for unapproved board meetings at the National Petroleum Corporation of Namibia (Namcor) that discussed the controversial N$100 million deal made by managing director Immanuel Mulunga.”

    Shiimi forgives Namcor board for unauthorised meetings
  11. March 2023

  12. The Namibian

    Immanuel Mulunga appointed Jennifer Hamukwaya in April 2018 on a five-year contract

    Source

    “Namcor's managing director, Immanuel Mulunga, appointed Hamukwaya in April 2018 on a five-year contract at N$88 000 a month.”

    Finance executive sues Namcor to retain job
Politics

High Court overturns bail refusal in Namcor fraud case

The News

Windhoek High Court judges found that a magistrate misdirected himself in refusing bail to six individuals accused in a purported N$400 million fraud at Namcor, citing selective assessment of evidence and failure to consider individualised circumstances and mitigating bail conditions. The six appellants—Peter and Malakia Elindi, Immanuel Mulunga, Olivia Dunaiski, Leo Nandago, and Jennifer Hamukwaya—were granted bail ranging from N$20,000 to N$50,000, subject to travel restrictions and regular reporting requirements.

30 March 2026 · New Era →

Monday 30 March

  1. High Court overturns bail refusal in Namcor fraud case

    Windhoek High Court judges found that a magistrate misdirected himself in refusing bail to six individuals accused in a purported N$400 million fraud at Namcor, citing selective assessment of evidence and failure to consider individualised circumstances and mitigating bail conditions. The six appellants—Peter and Malakia Elindi, Immanuel Mulunga, Olivia Dunaiski, Leo Nandago, and Jennifer Hamukwaya—were granted bail ranging from N$20,000 to N$50,000, subject to travel restrictions and regular reporting requirements.

    30 March 2026 · New Era →

Friday 27 March

  1. High Court grants bail to six in Namcor corruption case

    A High Court appeals panel has granted bail to six accused persons in the Namcor fraud and corruption case, including former Namcor executives Jennifer Hamukwaya and Immanuel Mulunga, after they appealed against a Magistrate's Court refusal. Bail amounts range from N$20,000 to N$50,000, with conditions requiring reporting to the Anti-Corruption Commission twice weekly, surrendering travel documents, and not interfering with investigations.

    27 March 2026 · Informanté →

Wednesday 25 March

  1. Panduleni Hamukwaya granted N$200,000 bail in Namcor fraud case

    Magistrate Jozanne Klazen granted bail to oil-rot fraud and corruption accused Panduleni Ndimba Hamukwaya, cited his parental responsibility for three minor children left without care as both he and his wife Jennifer remain in custody. Hamukwaya faces four charges under the Anti-Corruption Act, money laundering charges, and theft allegations related to alleged fraud at the National Petroleum Corporation of Namibia.

    25 March 2026 · New Era →

Friday 20 March

  1. Namcor fraud trial postponed to April 2026 for plea hearing

    Magistrate Olga Maharukua postponed the fraud, money laundering, and corruption trial involving the National Petroleum Corporation of Namibia to 21 April 2026 for a Section 119 plea hearing. The state prosecutor requested additional time to complete investigations, amend charges, and resolve tax evasion issues with NamRA, though defence lawyers opposed the postponement, arguing investigations should have been finalised at a previous remand.

    20 March 2026 · Informanté →

Friday 13 February

  1. Namcor fraud accused challenge selective evidence in bail appeal

    Six individuals charged with defrauding Namcor are appealing a magistrate's refusal of bail, with their legal representatives arguing that the magistrate selectively assessed evidence in favour of the investigation officer while overlooking material facts and the accused's own concessions. The appellants contend the magistrate failed to properly consider disputed issues including the strength of the state's case and individual circumstances of each accused.

    13 February 2026 · New Era →

  2. Mulunga's lawyer challenges bail denial in Namcor fraud case

    In an ongoing bail appeal, Boris Isaacks, representing former Namcor managing director Immanuel Mulunga, argues that the magistrate erred in denying bail because there is no evidence of actual bribe payments to his client—only that Mulunga briefly drove a luxury vehicle registered to his cousin. Isaacks contends the prosecutor failed to demonstrate how Mulunga's release would prejudice public interest, and asks the court to grant bail at N$50,000.

    13 February 2026 · Informanté →

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 →

Friday 16 January

  1. Mulunga denies wrongdoing in use of Malima's Audi vehicle

    In a bail appeal to the High Court, former NAMCOR managing director Immanuel Mulunga's lawyer argues that using a vehicle purchased by fugitive Victor Malima does not constitute a criminal offence and contends the State provided no evidence linking Mulunga to unlawful activity or knowledge of the vehicle's funding source. The bail appeal has been postponed to 13 February for a condonation application hearing.

    16 January 2026 · Informanté →

Thursday 15 January

  1. Namcor corruption bail appeal hearing postponed for procedural issues

    A bail appeal hearing for six individuals accused of defrauding Namcor of over N$400 million was postponed in the Windhoek High Court after judges found that legal representatives and the State had not filed required documents procedurally or on time. The matter was rescheduled to 12 and 13 February 2026 to allow parties five days to file proper legal documents.

    15 January 2026 · New Era →

Wednesday 14 January

  1. Namcor fraud suspects' bail appeal postponed to mid-February

    Five individuals accused of defrauding the state oil company Namcor of over N$400 million have had their High Court bail appeal hearing postponed to mid-February after parties failed to file required documents on time. The accused, who have been detained since July 2025, are challenging a magistrate's decision to deny them bail.

    14 January 2026 · Informanté →

Immanuel Mulunga — Namibian press coverage · Namibia Minute