Former Namcor managing director charged with fraud and corruption in alleged transactions involving filling station assets and fuel purchases.
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The Namibian
Imms Mulunga was suspended as managing director in 2023
“However, at least more than N$126 million in this deal was paid by Namcor without board approval, which led to the suspension of Mulunga as managing director in 2023.”
Namcor recovers N$276m in Angola oil blocks dealThe Namibian
Mulunga allegedly went ahead to finalise the transaction without board blessing
“It appears Mulunga went ahead to finalise the transaction without their blessing.”
Namcor recovers N$276m in Angola oil blocks dealThe Namibian
Imms Mulunga won unfair dismissal case against Namcor
“Mulunga won the case after a ruling passed by arbitrator Moses Mazambo in the Labour Court on Friday.”
I don’t think Namcor wants me – MulungaThe Namibian
Imms Mulunga was fired on 8 August 2024
“He was fired on 8 August 2024, but challenged the decision by filing a case of unfair dismissal with the Labour Court.”
I don’t think Namcor wants me – MulungaThe Namibian
Imms Mulunga was suspended and has been given additional disciplinary charges for alleged involvement in N$53-million transaction with Enercon
“Mulunga, however, remains on suspension and has since been given additional disciplinary charges for his alleged involvement in a N$53-million transaction between Namcor and military contractor Enercon.”
Namcor gets N$1,2b Govt bailoutThe Namibian
Imms Mulunga was suspended and faced disciplinary hearing for unauthorized N$100 million payment and other controversies
“Imms Mulunga, was suspended amid allegations of an unauthorised payment of N$100 million for an oil block in Angola.”
Uanguta to steady Namcor shipThe Namibian
Imms Mulunga was suspended amid allegations of unauthorised payment of N$100 million for oil block in Angola
“This was after the substantive MD, Imms Mulunga was suspended amid allegations of an unauthorised payment of N$100 million for an oil block in Angola.”
Uanguta take up reins at Namcor for six monthsThe Namibian
Imms Mulunga was suspended and demands reinstatement
“The state-owned petroleum company Namcor's board has confirmed the demands made by its suspended managing director, Imms Mulunga, to be reinstated.”
Namcor board confirms Mulunga's reinstatement demandsThe Namibian
Imms Mulunga denied any wrongdoing
Fourteen individuals and six corporate entities pleaded not guilty to 75 fraud and corruption charges in the Windhoek Magistrate's Court, with allegations including a N$53.2 million filling station transaction and N$331 million in unpaid fuel supplied to three entities. The case was postponed to 28 October pending a prosecutor general decision.
22 April 2026 · The Namibian →
Fourteen individuals and six corporate entities pleaded not guilty to 75 fraud and corruption charges in the Windhoek Magistrate's Court, with allegations including a N$53.2 million filling station transaction and N$331 million in unpaid fuel supplied to three entities. The case was postponed to 28 October pending a prosecutor general decision.
22 April 2026 · The Namibian →
Twenty accused persons including former Namcor executives and businessmen appeared in Windhoek Magistrate's Court and pleaded not guilty to fraud, corruption, and money laundering charges ranging from one to 75 counts. The matter was postponed to 28 October 2026 pending the Prosecutor General's decision on whether to proceed to trial; the accused were arrested in July 2025 following allegations they defrauded Namcor of over N$400 million.
21 April 2026 · Informanté →
The High Court upheld appeals by six accused in the Namcor fraud and corruption case, granting them bail with restrictions on travel and movement. Judge Philanda Christiaan cautioned that courts should avoid informal labels like "Fuelrot" in discussing criminal cases, as such terminology can imply prejudgement and undermine public trust in judicial impartiality.
31 March 2026 · The Namibian →
Six individuals charged in the National Petroleum Corporation of Namibia fraud and corruption case have been granted bail by the Windhoek High Court after successful appeals, with the court finding material misdirections in the magistrate's earlier refusal. The accused include former Namcor executives and businessmen and are subject to strict conditions including movement restrictions and reporting requirements.
27 March 2026 · The Namibian →
Panduleni Hamukwaya, eighth accused in an alleged Namcor fraud and corruption case, has been granted N$200,000 bail after eight months in custody, on condition he surrender his passport and report regularly to investigating officers. He is charged with fraud, money laundering, and theft relating to N$1.55 million allegedly received as gratification from an asset purchase agreement, which he claims was investment in a wildlife farming project.
24 March 2026 · The Namibian →
Fourteen individuals charged with fraud and corruption at the National Petroleum Corporation of Namibia are scheduled to plead on 21 April after the Windhoek Magistrate's Court postponed their case yesterday to allow further investigations and state preparation. The accused are alleged to have been involved in fraudulent transactions including the sale of filling station assets to a Namcor subsidiary for N$53.2 million and credit limit breaches with fuel companies.
22 March 2026 · The Namibian →
Namcor's board has appointed Mtundeni Ndafyaalako as interim managing director, replacing Maureen Hinda-Mbuende, reportedly without approval from the Mines Minister Modestus Amutse, who says he will meet with the board to understand the decision and address Hinda-Mbuende's grievances.
6 March 2026 · The Namibian →
A defence lawyer told the High Court that the magistrate's bail hearing for six individuals charged with fraud and corruption at Namcor was not conducted impartially or competently. The six accused, including former Namcor managing director Imms Mulunga and businessmen Peter and Malakia, are appealing against the magistrate's September refusal of bail in connection with alleged Namcor fraud involving the sale of filling station assets and unpaid fuel purchases.
16 February 2026 · The Namibian →
Six individuals charged in connection with alleged fraud and corruption at the National Petroleum Corporation of Namibia are appealing a magistrate's decision to refuse bail, with their lawyers arguing the magistrate adopted a hostile and selective approach to the evidence. The state alleges the accused were involved in fraudulent transactions relating to filling station assets sold to a Namcor subsidiary and fuel purchases that exceeded credit limits.
15 February 2026 · The Namibian →
The Anti-Corruption Commission arrested the mother of fugitive businessman Victor Malima in the Oshana region on Friday, allegedly for involvement in illicit financial transactions and business registrations linked to criminal proceeds connected to the ongoing Namcor-Enercon corruption investigation. Malima remains at large and has been described as a key facilitator in the case.
10 February 2026 · The Namibian →
Interim managing director Maureen Hinda-Mbuende says Namcor is recovering from reputational damage caused by alleged embezzlement of millions, including a N$53 million transaction with military contractor Enercon. She reports progress on governance reforms, employee morale, and financial stabilization through government bailouts and strategic restructuring.
16 January 2026 · New Era →