Orion Energy Sarl has filed a lawsuit in the High Court against NAMCOR corruption suspect and fugitive businessman Victor Malima, who also owns Eco Fuel Investment.

Prosecutor Lilungwe Basson on Wednesday informed Magistrate Jurina |Hochobes that the State intends to file an application against her, asking her to step aside from the ongoing NAMCOR corruption matter.

Magistrate Linus Samunzala will deliver his ruling on the bail applications in the NAMCOR case on September 26.

The accused, including former NAMCOR employees and associates, were arrested by the ACC last month.

Former Deputy Minister of Finance Maureen Hinda-Mbuende has been appointed as the Interim Managing Director of the National Petroleum Corporation of Namibia (NAMCOR).

She takes over from Victoria Sibeya, who has been serving as acting managing director since April this year. 

Defence lawyers made their closing arguments in the ongoing NAMCOR bail proceedings before Magistrate Linus Samunzala at the Windhoek Magistrate's Court.

The lawyers have questioned the basis of their clients' arrests and the quality of evidence presented by the Anti-Corruption Commission.

Anti-Corruption Commission (ACC) chief investigator Oberty Inambao has outlined details of more than 400 million dollars allegedly embezzled from NAMCOR during ongoing bail proceedings in the Windhoek Magistrate's Court.

Lawyers representing former NAMCOR Managing Director Immanuel Mulunga and Finance Executive Jennifer Hamukwaya told the court that, while their clients may have breached company policies, they did not commit any criminal offence.

Former NAMCOR Managing Director Immanuel Mulunga is seeking release based on a warning in his ongoing criminal case.

The bail hearing of the former NAMCOR corruption accused is scheduled to continue in the Windhoek Magistrate's Court on Monday.

The NAMCOR corruption case was postponed to the 1st of August for the continuation of bail proceedings.

Jennifer Hamukwaya, a former finance executive at NAMCOR, testified at the Windhoek Magistrate's Court on Friday. 

Hamukwaya is among the eight accused people seeking to be released on bail.