Also known as: Malima · another accused, Victor Malima · Victor Simaneka Malima
Fugitive businessman wanted in connection with Namcor fraud and corruption investigation involving over N$400 million in alleged losses.
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 →
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 →
Magistrate Jozanne Klazen granted businessman Panduleni Hamukwaya bail of N$200,000 in connection with alleged bribery linked to NAMCOR misconduct, citing the lengthy period before trial commencement and his substantial ties to the community, including property ownership and dependents, while imposing stringent reporting conditions.
24 March 2026 · Informanté →
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 →
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 →
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 →
In an ongoing bail appeal, Boris Isaacks, representing former Namcor managing director Immanuel Mulunga, argues that the magistrate erred in denying bail because there is no evidence of actual bribe payments to his client—only that Mulunga briefly drove a luxury vehicle registered to his cousin. Isaacks contends the prosecutor failed to demonstrate how Mulunga's release would prejudice public interest, and asks the court to grant bail at N$50,000.
13 February 2026 · Informanté →
In a High Court bail appeal, the defence lawyer for Leo Nandago—one of five accused in a multi-million fraud and corruption case involving Namcor—argues that his client had no signatory rights to Erongo Petroleum's accounts and therefore could not have made the N$500,000 transfer alleged by the State. The lawyer contends that power of attorney rested with another accused, Austin Elindi, and that the magistrate failed to properly consider the merits of each case.
13 February 2026 · Informanté →
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 →