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 told the court that one of the reasons he lost his job was due to an error in the reallocation of funds used to purchase assets from Enercon for N$53 million.
Former NAMCOR Managing Director Immanuel Mulunga has denied allegations that he received a luxury Audi vehicle worth over N$3 million from businessman Victor Malima in exchange for facilitating fuel supplies to Malima's company, Eco Trading.
Defence lawyer Sisa Namandje concluded his case in the bail application of Malakia Elindi, his wife Lydia, and brother Peter Elindi, who are accused of fraud, money laundering, and other charges in connection with the NAMCOR fuel supply deal.
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.
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) says it is inaccurate that its former Managing Director won an unfair labour case against the company.
This statement follows several media reports related to an arbitration ruling issued on the 6th of June 2025.
The long-running feud between Immanuel Mulunga and his employer NAMCOR finally came to an end with the MD's dismissal.
Mulunga's dismissal on different charges follows his acquittal at a disciplinary hearing on another set of allegations.
The National Petroleum Corporation of Namibia's (NAMCOR) Managing Director Immanuel Mulunga has been found not guilty for his role in a controversial oil deal for an oil block in Angola.
The Anti-Corruption Commission (ACC) has cleared suspended NAMCOR managing director Immanuel Mulunga of any wrongdoing.
In a brief statement, ACC Director Paulus Noa says that there is no evidence to prove that Mulunga had criminal intent when he transferred money to an Angolan-based oil company.
