The state has outlined the money trail of N$9 million allegedly distributed among several individuals following a $53 million payment by NAMCOR to Enercon for the purchase of nine fuel stations.

The number of charges in the ongoing NAMCOR corruption case has risen to 71.

However, the state has not yet fully disclosed all documents to the legal representatives of the accused.

A bail application for several of the eight individuals accused in the high-profile Namcor multi-million dollar corruption case is set to be heard in the Windhoek Magistrates' Court on Monday.

The Anti-Corruption Commission (ACC) has confirmed the arrest of a ninth suspect in the ongoing multi-million-dollar corruption scandal involving the National Petroleum Corporation of Namibia.

Thirteen individuals and entities are facing a growing list of charges in connection with the multi-million-dollar NAMCOR corruption scandal. NBC News has reliably learned that more charges are imminent, with additional suspects expected to be arrested.

The Anti-Corruption Commission (ACC) announced this morning that former NAMCOR Managing Director Immanuel Mulunga will appear in court within 48 hours of his arrest.

The ACC stated that Mulunga, along with those arrested alongside him, may be brought before a magistrate either today or tomorrow.

The National Petroleum Corporation of Namibia (NAMCOR) has reiterated that none of the individuals arres

The National Petroleum Corporation of Namibia (NAMCOR) has reiterated that none of the individuals arrested today are currently employed by the company.

Former NamCor Managing Director Immanuel Mulunga was arrested this morning, alongside three other senior officials of the state-owned petroleum company.

ACC Director General Paulus Noa confirmed the arrests and told NBC News that further arrests are expected during the week.

The National Petroleum Corporation of Namibia (NAMCOR) is currently facing a difficult financial and operational crisis, stemming from years of governance lapses, policy non-compliance, and systemic failures that have severely undermined the company's stability.