
Alleged Namcor corruption suspect, Cedric Wellemse, has told the court that his wealth had nothing to do with his employment at the national oil company.
Wellemse, who is facing charges alongside former Namcor boss Imms Mulunga, revealed that he already owned three farms and was earning millions before joining the company.
Court documents show that his bank statements reflected N$4.8 million in 2017, N$5.2 million in 2019, and N$4 million in 2021—figures he says prove that his money did not come from Namcor.
“The story that I made money because of Namcor is not true. The truth is, I went to Namcor looking for a job, not to get rich,” Wellemse argued.
Before the scandal hit, Cedric had been something of an online sensation. He often shared videos of his lavish lifestyle, including his famous cocktail mixing clips that had people talking on social media. But now, the spotlight is on him for very different reasons.