Namibia Minute.
Friday, 24 April 2026
A daily Namibian brief · Est. 2026
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Person

Malakia Elindi

Also known as: Malakia · Elizabeth Malakia

Businessman charged in Namcor fraud and corruption case involving filling station assets; granted bail by High Court in April 2026.

Business

Bank Windhoek sues Elindi for N$2.3 million debt

The News

Bank Windhoek is suing businessman Malakia Elindi, who is charged in the Namcor fraud case, for about N$2.3 million owed on a mortgage loan and overdraft facility, and seeking to have ten properties with a combined market value of N$9.4 million sold to recover the debt. Elindi, who is currently in custody awaiting a High Court judgement on a bail appeal, has claimed assets worth N$113 million but faces mortgage bonds totalling N$10.5 million against the properties.

19 March 2026 · The Namibian →

Thursday 19 March

  1. Bank Windhoek sues Elindi for N$2.3 million debt

    Bank Windhoek is suing businessman Malakia Elindi, who is charged in the Namcor fraud case, for about N$2.3 million owed on a mortgage loan and overdraft facility, and seeking to have ten properties with a combined market value of N$9.4 million sold to recover the debt. Elindi, who is currently in custody awaiting a High Court judgement on a bail appeal, has claimed assets worth N$113 million but faces mortgage bonds totalling N$10.5 million against the properties.

    19 March 2026 · The Namibian →

Monday 16 February

  1. Defence claims Namcor bail hearing lacked impartiality and competence

    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 →

Sunday 15 February

  1. Namcor fraud accused challenge magistrate's bail refusal in High Court

    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 →

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. Namcor fraud case: defence challenges bail denial in appeal

    A legal representative for two accused in the Namcor fraud case has appealed their bail denial before the High Court, arguing that the Magistrate failed to weigh evidence fairly and ignored concessions by the investigating officer that the accused posed no flight risk or public danger. The case involves allegations that ex-Namcor employees and private business owners conspired to defraud the state oil entity of over N$400 million through bogus asset deals.

    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 →

  2. ACC arrests fugitive businessman's mother in Namcor-Enercon case

    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 →

Saturday 7 February

  1. Poor customer service damages business reputations in Namibia

    Poor customer care across Namibian public and private institutions is eroding trust and damaging business reputations, with communication failures, inadequate staff training, and negative social media exposure creating lasting harm. Organizations must invest in employee training, foster transparent communication cultures, and recognize that in today's digital environment, every customer interaction affects their competitive standing and long-term profitability.

    7 February 2026 · The Namibian →

Friday 16 January

  1. Namcor interim MD rebuilds trust after fraud, corruption saga

    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 →

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 →

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