… The company, Namcor Petroleum Trading and Distribution, which is a subsidiary of the state-owned Namcor, applied for Enercon Namibia and Erongo Petroleum to be provisionally wound up after the company and close corporation failed to pay debts owed to Namcor Petroleum Trading and …
Enercon and Erongo Petroleum face liquidation over N$381m fuel debt to Namcor subsidiaryNamibia Minute.
Monday, 11 May 2026
Namibia’s news, on the hour · Est. 2026
Monday, 11 May 2026
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Organization
Namcor Petroleum Trading and Distribution
Also known as: Namcor Trading
Namcor Petroleum Trading and Distribution — state-owned petroleum corporation at the center of a major fraud and corruption investigation involving 14+ accused persons charged with fraudulent asset sales and fuel credit breaches.
In coverage
Verbatim sentences from the source article.
- June 2025
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
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 →
Sunday 22 March
Fourteen Namcor fraud accused to plead in April 2025
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 →
Tuesday 24 February
Fugitive Malima's mother and aunt granted bail in Namcor fraud case
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.
24 February 2026 · The Namibian →
Monday 16 February
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
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 →
Wednesday 11 February
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 →
Tuesday 10 February
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 →
Wednesday 4 February
Former Bank Windhoek employee charged in Namcor fraud scheme
Heidi Boois, a former Bank Windhoek employee, appeared in the Windhoek Magistrate's Court on five charges including fraud and forgery linked to the opening of a fraudulent bank account allegedly used to channel N$3.36 million to individuals connected to a larger Namcor corruption case. Boois is the 12th person charged in connection with alleged fraud and corruption at the National Petroleum Corporation of Namibia, stemming from a fuel company's sale of filling station assets to a Namcor subsidiary for N$53.2 million in July 2022.
4 February 2026 · The Namibian →
Wednesday 28 January
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 →