Cedric Willemse received a total of N$150,000 from Quality Meat Supplies into his personal bank account on the same day the contract of sale of assets was signed between Enercon Namibia and NAMCOR, ACC investigator Oberty Inambao told the court.

Inambao said the funds were traced back to Erongo Petroleum, a company owned by the Elindi family.

He also stated that August 26 Holdings only attempted to acquire a 50% stake in Enercon, but ACC investigations have revealed that the military company in fact holds no stake in Enercon.

Testifying before Magistrate Olga Muharukua in the bail application, Inambao said the ACC received an anonymous tip-off about Willemse's alleged corrupt activities. 

He added that the commission also obtained a police docket, alleging the mismanagement of N$331 million, related to the supply of petroleum to Enercon and Erongo Petroleum. 

These companies are linked to Peter and Malakia Elindi, Austin Elindi, and fugitive Victor Malima.

According to Inambao, Willemse, together with former Namcor managing director Immanuel Mulunga and others, attempted to acquire fuel storage facilities belonging to the Ministry of Defence through fraudulent means.

Meanwhile, Magistrate Linus Samunzala is scheduled to deliver judgement next week, Friday, in the bail application of Willemse's co-accused: Imaunel Mulunga, Jennifer Hamukwaya, Peter and Malakia Elindi, Leo Nandago, and Olivia Dunaiski.

Austin Elindi and Hamukwaya's husband, Panduleni Hamukwaya, have not applied for bail.