The Namibia Revenue Agency (NamRA) has revealed that it has detected 316 cases of fraudulent claims or forged documents over the past four years, worth a combined N$1 billion.

Namibia has recorded an improved score in the 2025 Basel Anti-Money Laundering Index, placing the country among the five best-performing nations in Africa when it comes to managing risks linked to money laundering and financial crime. 

The European Commission has added Namibia to the EU's Updated List of High-Risk Jurisdictions for Financial Crime Monitoring. 

The Namibian Revenue Agency (NamRA) has uncovered a fraudulent scheme linked to the Mass Tax Refund Initiative currently being implemented.