insert_link 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
insert_link Business / Economics No Bail for Namcor Corruption Suspects as companies join the list Entities connected to the N$480 million Namcor corruption case face fresh scrutiny as eight people implicated were denied bail in the Windhoek Magistrate’s Court on Thursday. Magistrate Olga Muharukua presided over arguments after the Anti-Corruption Commission made the arrests. The group will attempt another bail bid on Monday, 14 July. Willem Snyman for NewsOnOne: today11 July, 2025
