The Minister of Justice and Labour Relations, Wise-Immanuel Fillimon, says the Namcor case remains under active investigation by the ACC and has not yet been submitted to the office of the Prosecutor General.

The NAMCOR Board of Directors has appointed the Executive Upstream Development and Production, Mtundeni Ndafyaalako as Acting Managing Director effective from today after the conclusion of the ongoing recruitment process for a substantive Managing Director.

Lawyers for six accused in the alleged NamCor corruption matter have challenged the bail ruling of Windhoek magistrate Linus Samunzala, arguing in the High Court that the magistrate failed to properly assess the evidence throughout the bail proceedings.

The mother of NAMCOR corruption suspect Victor Malima appeared in the Windhoek Magistrate’s Court on Monday alongside his aunt after the pair were arrested over the weekend.

Malima has been on the run from the law since July last year. 

The National Petroleum Corporation of Namibia (Namcor) has refuted reports of supplying substandard fuel to Botswana and local markets.
 
The company stated that claims published in a local newspaper are incorrect and malicious. 

A magistrate found the evidence of one accused in the alleged multi-million-dollar Namcor corruption case to be truthful but ordered that she remain behind bars. 

The appeal against the refusal of bail for the NAMCOR corruption accused persons will be heard in the Windhoek High Court from 14 to 16 January.

The appeal is against a magistrate’s refusal to grant bail.

Justice Philanda Christiaan and Justice Eileen Rakow will hear the matter.

Managing Director of the National Petroleum Corporation of Namibia (NAMCOR), Maureen Hinda-Mbuende, acknowledged that skills gaps exist in the oil sector, citing them as not labour-intensive and often requiring more than one skill.

The National Petroleum Corporation of Namibia (NAMCOR) Managing Director, Maureen Hinda-Mbuende, said the bailout by the government this year resulted in more than N$300 million in savings.

This is after NAMCOR had been trading on negative margins, due to penalties and governance lapses.

The State has filed an application for leave to appeal the decision that granted bail to NAMCOR accused Cedric Willemse.

The State is accusing him of being part of a syndicate involved in misappropriating nearly N$400 million in public funds.