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.

President Netumbo Nandi-Ndaitwah says Namibians have a collective aspiration and responsibility to add value to the country's natural resources, diversify the economy, create jobs, and uplift every Namibian.