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

Politics

Last Namcor fraud accused Austin Elindi granted N$50,000 bail

The News

Austin Elindi, director of fuel companies alleged to have defrauded the National Petroleum Corporation of Namibia (Namcor) of millions of namibian dollars, was granted bail in the Windhoek Magistrate's Court after spending more than eight months in custody. He is the last of 14 accused persons in the case to be released on bail and faces charges including fraud, corruption, and money laundering related to fuel sales and unpaid credits.

12 April 2026 · The Namibian →

Sunday 12 April

  1. Last Namcor fraud accused Austin Elindi granted N$50,000 bail

    Austin Elindi, director of fuel companies alleged to have defrauded the National Petroleum Corporation of Namibia (Namcor) of millions of namibian dollars, was granted bail in the Windhoek Magistrate's Court after spending more than eight months in custody. He is the last of 14 accused persons in the case to be released on bail and faces charges including fraud, corruption, and money laundering related to fuel sales and unpaid credits.

    12 April 2026 · The Namibian →

Tuesday 24 March

  1. Namcor fraud case: eighth accused Hamukwaya granted bail

    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 →

Monday 23 February

  1. Three accused in Namcor scandal granted bail Friday

    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.

    23 February 2026 · New Era →

Saturday 21 February

  1. Malima's mother denies knowledge of money laundering scheme

    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.

    21 February 2026 · Informanté →

Friday 20 February

  1. Three women granted bail in Namcor fraud case

    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.

    20 February 2026 · Informanté →

Wednesday 18 February

  1. Fraud suspect in N$3.9m council tender case remanded in custody

    Titus Iipumbu was remanded in custody after appearing in Windhoek Magistrate's Court on fraud, forgery and corruption charges linked to an alleged N$3.9 million misdirected payment by the ||Kharas Regional Council to a company owned by Iipumbu in October 2024. The state argues he poses a flight risk and may interfere with investigations; his mother and co-accused Lucia Jakob were each granted N$50,000 bail.

    18 February 2026 · The Namibian →

Wednesday 11 February

  1. Acting //Kharas officer charged with embezzlement and fraud

    Ralph Schachika, Acting Chief Regional Officer of //Kharas Regional Council, and Lucia Jakob face charges of embezzlement and money laundering after allegedly redirecting N$3.9 million from a government tender project meant for August 26 Construction to third-party accounts including one in his minor daughter's name.

    11 February 2026 · Informanté →

  2. Mother of fugitive Malima charged in Namcor fraud case

    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.

    11 February 2026 · The Namibian →

Monday 9 February

  1. Two women charged in Namcor fraud and corruption case

    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.

    9 February 2026 · The Namibian →

Wednesday 28 January

  1. Namcor accused denies theft, claims wildlife farm investment

    Panduleni Hamukwaya, one of the accused in the Namcor fraud and corruption case, told court that N$1.45 million payments to his close corporation in 2022 were investment funds from Victor Malima for a wildlife farming project, not stolen money. Hamukwaya, arrested in July last year, is charged with theft, corruption, and money laundering in connection with an alleged Enercon Namibia asset purchase fraud at Namcor.

    28 January 2026 · The Namibian →

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