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

Victor Malima

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.

Politics

Namcor accused denies theft, claims wildlife farm investment

The News

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 →

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 →

Thursday 22 January

  1. Orion Energy withdraws legal action against Victor Malima's firm

    Congolese fuel supplier Orion Energy SARL has withdrawn its lawsuit against Eco Fuel Investment, owned by fugitive businessman Victor Simaneka Malima, which accused him of failing to deliver fuel despite receiving over USD 1.3 million in advance payment. Malima is alleged to have fled to Angola after associates linked to his company were arrested in connection with a Namcor fraud case involving over N$400 million.

    22 January 2026 · Informanté →

Friday 16 January

  1. Mulunga denies wrongdoing in use of Malima's Audi vehicle

    In a bail appeal to the High Court, former NAMCOR managing director Immanuel Mulunga's lawyer argues that using a vehicle purchased by fugitive Victor Malima does not constitute a criminal offence and contends the State provided no evidence linking Mulunga to unlawful activity or knowledge of the vehicle's funding source. The bail appeal has been postponed to 13 February for a condonation application hearing.

    16 January 2026 · Informanté →

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