IPC condemns debacle at Namcor

IPC condemns debacle at Namcor, calls for investigation

IPC condemns debacle at Namcor, calls for investigation

Niël Terblanché The Vice President of the Independent Patriots for Change (IPC), Trevino Forbes has expressed deep concern about the debacle that unfolded at the Namibian Petroleum Corporation on Monday. “The developments surrounding Namcor have raised serious questions about the management of Namibia’s natural resources. Namcor is a critical entity in Namibia’s oil and gas sector, and its proper function is essential for the country’s economic development and the well-being of its citizens,” Forbes said in a statement. He said that recent reports about the investigation into Namcor’s Managing Director, Immanuel Mulunga’s involvement in the N$100 million payment for oil…
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