Six accused challenge NamCor bail ruling in High Court

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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.

Victor Malima’s mother, aunt appear in court

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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. 

Namcor denies supplying substandard fuel

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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. 

NAMCOR corruption accused to challenge bail refusal in High Court

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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.

NAMCOR Bailout Saves Over N$300 Million

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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.

State seeks to appeal bail granted to NAMCOR accused Willemse

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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.

Cedric Willemse granted N$200,000 bail

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Magistrate Olga Muharukua has granted bail of N$200,000 to Cedric Willemse, one of the accused in the alleged multi-million-dollar NAMCOR scandal.

Willemse has also been ordered to report to the investigating officer daily and not to leave the district of Windhoek.