National Petroleum Corporation is currently studying an investigation report on internal maladministration

The National Petroleum Corporation of Namibia’s board of directors is currently studying an investigation report on internal maladministration, contributing to the net loss of 700 million Namibian dollars. Namcor is currently facing financial hardships in managing its cash flow and stands with a debt of 1.9 billion Namibian dollars, owed to more than four petroleum suppliers. NamCor’s Manager Of Marketing, Communications, and Public Relations, Paulo Coelho.