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February 2026
The Namibian
Martha Antindiwas granted bail ofN$50,000 after arrest on fraud and corruption charges
Source
“Martha Antindi (56), the mother of Victor Malima, who is wanted in connection with the Namcor fraud and corruption case, and her sister, Johanna Mundjego (33), were granted bail in an amount of N$50 000 each during an appearance before magistrate Olga Muharukua in the Windhoek Magistrate's Court on Friday.”
Martha Antindideniesany active role in acquiring or distributing funds
Source
“In a sworn statement filed at the court, Antindi denies that she and Mundjego played any active role in acquiring or distributing any funds to anyone.”
“Among the released accused are former bank employee Heidi Elly Boois and the relatives of fugitive Victor Malema, Martha Ndinelao Antindi (mother) and Johanna Hambelela Mundjego (aunt).”
“Three women implicated in the National Petroleum Corporation of Namibia (Namcor) fraud, corruption and money laundering case were each granted bail of N$50 000.00.”
Martha Antindiappeared in court charged withdealing with gratification, money laundering, theft involving N$1.5m and N$172,000
Source
“Martha Antindi (56), the mother of Victor Malima, who is wanted in connection with the Namcor fraud and corruption case, and Johanna Mundjego (33) appeared before magistrate Olga Muharukua in the Windhoek Magistrate's Court on three charges each.”
Martha Ndinelao Antindiwas arrested in connection withoil-rot fraud and corruption matter
Source
“Martha Ndinelao Antindi, Malima's mother and his aunt, Johanna Hambelela Mundjego, made their first court appearance in the Windhoek Magistrate's Court yesterday.”
Martha Antindifaces charges includingtheft of N$172,000 belonging to Namcor
Source
“Antindi is also charged with theft for wrongfully taking money totalling N$172 000.00 belonging to Namcor Petroleum Trading and Distribution, which was paid to Enercon and transferred to Eco Trading and then to Eco Fuel Trading.”
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.
Why it matters
Twenty individuals and companies accused of defrauding Namcor of over N$400 million have pleaded not guilty, setting the stage for a high-profile trial that will test accountability in Namibia's state-owned petroleum sector. The case involves allegations of systemic abuse of credit policies and the sale of assets that already belonged to the government, striking at the heart of public resource management.
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.
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.
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.
Two women arrested in connection with alleged fraud and corruption at Namcor have been granted bail of N$50,000 each. Martha Antindi and her sister Johanna Mundjego deny active involvement in the movement of funds and claim they delegated all operational responsibilities to Antindi's son Victor Malima, who remains a fugitive.
A former bank employee and two relatives of fugitive Victor Malema were granted bail of N$50,000 each in connection with alleged fraud and corruption at the National Petroleum Corporation of Namibia (Namcor). The three must report weekly to authorities and face charges including forgery, money laundering, and theft; six accused in the matter are now out on bail pending investigations.
Martha Antindi, mother of fugitive Victor Malima, has distanced herself from her son's actions in the N$400 million NAMCOR fraud and corruption case, claiming she neither speaks nor reads English and had no knowledge of funds tied to criminal activity. Antindi and her sister Johanna Mundjego, both arrested in February and charged with corruption and money laundering, argue they played no active role in the operation of Malima's entities Eco Trading and Eco Fuel Investment, and have been granted bail of N$50,000 each.
Three women implicated in a Namcor fraud, corruption and money laundering case — including a former Bank Windhoek sales manager and the mother and sister of fugitive Victor Malima — were each granted N$50,000 bail after the State prosecutor no longer opposed their release. They must report to the Anti-Corruption Commission weekly and stay within their residential districts.
Martha Antindi, mother of wanted Victor Malima, and Johanna Mundjego appeared in Windhoek Magistrate's Court facing charges of dealing with gratification, money laundering, and theft connected to N$1.5 million payments from a fuel company implicated in fraud and corruption at state-owned Namcor. The charges relate to alleged money flows from Enercon Namibia through intermediary companies following disputed asset sales and fuel credit defaults at Namcor.
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.
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.
Martha Antindi and Johanna Mundjego were arrested and made first appearance in Windhoek Magistrate's Court on Monday, charged with dealing in gratification, money laundering, and theft linked to alleged fraud and corruption at the National Petroleum Corporation of Namibia. Both women are held in custody pending a bail application hearing on 20 February.