31
Mar
Niël Terblanché Immanuel Mulunga, the Managing Director of the National Petroleum Corporation (Namcor), is set to appear before a panel of Anti-Corruption Commission investigators to attest to N$270 million that was taken from the state-owned company's coffers to invest in offshore oil blocks in Angola.Namcor, as a partner in Sungara Energies, and under the direction of Mulunga has already paid N$170 million as part of a deposit that would give it a working share in three oil blocks off the shore of Namibia’s northern neighbour.Mulunga has allegedly requested that a further N$100 million be paid towards the deposit because the…