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NAMCOR MD Immanuel Mulunga found not guilty

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The National Petroleum Corporation of Namibia's (NAMCOR) Managing Director Immanuel Mulunga has been found not guilty for his role in a controversial oil deal for an oil block in Angola.

ACC clears NAMCOR managing director Immanuel Mulunga

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The Anti-Corruption Commission (ACC) has cleared suspended NAMCOR managing director Immanuel Mulunga of any wrongdoing.

In a brief statement, ACC Director Paulus Noa says that there is no evidence to prove that Mulunga had criminal intent when he transferred money to an Angolan-based oil company.

NAMCOR's Managing Director suspended

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The National Petroleum Corporation of Namibia (NAMCOR) has suspended its Managing Director, Immanuel Mulunga.

Its chairman said in a statement that the board has resolved to suspend Mulunga pending an investigation.

NAMCOR'S public relation crisis

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Namcor faces a daunting public relations exercise to regain the trust of the Namibian people after damaging negative media reports over the past few weeks.

Allegations of discrepancies of epic proportion hang over the heads of officials at the national oil company.