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    Josia Shigwedha

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    Josia Shigwedha

Enercon Deal

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Namibia

Mulunga Accused of Concealing N$53m Fuel Deal.

Anti-Corruption Commission lead investigator Oberty Inambao has alleged that former Namcor managing director Immanuel Mulunga hid the full details of a N$53 million fuel asset transaction with Enercon from the company’s board, even though he was fully aware of the deal, according to NewsOnOne’s Envaalde Matheus. The transaction is linked to a larger N$480 million corruption scandal involving several entities.  

today6 August, 2025

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Namibia

Immanuel Mulunga Challenges Prosecution Over Enercon Deal 

  Former NAMCOR managing director Immanuel Mulunga told Windhoek Magistrate’s Court that the state has no legal basis to prosecute him. Reporting for NewsOnOne, Envaalde Matheus noted that Mulunga clarified the N$53 million Enercon asset purchase was conducted through NAMCOR Petroleum Trading and Distribution (Pty) Ltd—not the state-owned NAMCOR—and that he acted within his contractual authority, rejecting the Anti-Corruption Commission’s allegations.  

today24 July, 2025