ACC Arrests Fugitive Malima’s Mother as NAMCOR Corruption Case Deepens
By TUW
The Anti-Corruption Commission (ACC) has confirmed the arrest of the mother of fugitive businessman Victor Malima, adding a new twist to the ongoing corruption and fraud case linked to the National Petroleum Corporation of Namibia (NAMCOR).
ACC Director Paulus Noa said the woman was arrested on Friday in northern Namibia before being transferred to Windhoek. She is expected to make her first court appearance tomorrow and becomes the 13th suspect charged in the sprawling investigation.
Malima, who is believed to have played a central role in the alleged scheme, has been evading law enforcement since July last year, when authorities issued a warrant for his arrest. Despite several arrests and court proceedings, he remains on the run.
So far, two of the accused persons have been released on bail, including former NAMCOR supply and logistics manager Cedric Willemse, who holds dual nationality. Bail conditions imposed by the court are strict, reflecting concerns raised by investigators about the seriousness of the charges and the risk of suspects leaving the country.
Other accused remain in custody or continue to face court proceedings as investigations unfold.
The NAMCOR case centres on allegations that senior officials and private business figures colluded to defraud the state-owned oil company of hundreds of millions of Namibian dollars through irregular fuel supply deals and unauthorised credit arrangements.
According to investigators, large volumes of fuel were supplied to certain companies without proper approval, security, or repayment guarantees. It is alleged that internal credit limits were ignored and that financial arrangements were deliberately structured to conceal debt and shift liabilities between companies.
Prosecutors believe some of these transactions were designed to benefit individuals linked to the scheme while exposing NAMCOR to massive financial risk.
Several former NAMCOR executives are among those charged, including ex-managing director Imms Mulunga, former finance executive Jennifer Hamukwaya, her husband Panduleni Hamukwaya, and other senior officials.
They face multiple charges ranging from fraud and corruption to money laundering and abuse of office. The accused have denied any wrongdoing, arguing that the transactions in question were lawful business decisions taken under challenging operational conditions.
The ACC has made it clear that investigations are far from complete. More arrests remain possible as authorities continue to analyse financial records, company structures, and payment flows linked to the case.
