Magistrate Linus Samunzala has granted Lydia Elindi bail for N$50,000 after the state withdrew its objection to her release.

The state had initially proposed bail of N$30,000.

Lydia Elindi, along with her husband Malakia Ekindi, is among the accused in the ongoing NAMCOR corruption case.

As part of her bail conditions, Elindi must report to the Anti-Corruption Commission every Tuesday and Friday, surrender her travel documents, remain within the Windhoek district until the conclusion of the matter and hand over her two firearms.

State Prosecutor Basson Lilungwe told the court that the state's decision not to oppose bail does not imply that charges against Elindi have been dropped.

Before concluding his cross-examination with Immanuel Mulunga, advocate Lilungwe also told the court that NAMCOR supplied fuel to Enercon on credit while the company had outstanding debt. 

He said former NAMCOR Managing Director Mulunga was aware of this and that the parastatal continued to supply fuel despite non-payment.

Mulunga confirmed this and said NAMCOR had taken steps to recover the debt, including issuing demand letters. 

The state further alleged that Mulunga personally benefited from a N$53 million asset purchase transaction. 

His lawyer denied this, arguing that there is no evidence that any money was transferred to Mulunga's personal bank account.

The state also accused Mulunga of failing to follow proper procedures in managing the company, saying he ran the company to the ground.

Mulunga said that those who failed to pay their debts are the ones who should be held accountable and denied being the mastermind behind the alleged corruption.

Mulunga said that NAMCOR's revenue increased during his tenure and insisted that he did not personally receive any public funds.