Justicia Shipena
The Anti-Corruption Commission (ACC) has arrested two more individuals in connection with the Namcor corruption and bribery case, bringing the total number of implicated persons to 12, 11 have now been arrested, while one suspect, Victor Malima, remains a fugitive.
The arrests were made on Monday. ACC spokesperson Josephine Nghituwamata confirmed the development but withheld the suspects’ identities.
“Yes, I would like to confirm that yes, the Commission has arrested two individuals yesterday, though I’m not able to reveal their identity yet or the companies they belong to. This is because we have to do that after they appear in court,” she said.
Media reports indicate that one of the arrested individuals is a son of one of the Elindi brothers. The two are expected to appear in court today.
Court documents revealed last week that the son of one of the Elindi brothers used misappropriated funds to finance a company.
The funds allegedly supported operations of Erongo Petroleum CC and Quality Supplies CC.
State prosecutor Menencia Hinda told the court that between 1 August 2022 and 4 May 2023, Leo Nandago Stefanus, one of the accused, unlawfully received fuel worth N$228 million in Windhoek.
According to Hinda, Stefanus used the N$228 million to establish the operation or activities of Erongo Petroleum CC and Quality Supplies CC.
Erongo Petroleum is owned by Austin Elindi, son of businessman Peter Elindi.
Peter and his brother, Malakia Elindi, are directors of Enercon Namibia, one of the companies central to the case. Enercon supplied fuel to the Ministry of Defence.
Namcor had entered into fuel supply and supplementary credit agreements with Erongo Petroleum and Enercon.
The agreements with Erongo were signed on 10 September 2020 and 20 August 2020, while those with Enercon were signed on 16 March 2022 and 5 April 2022.
Namcor supplied diesel 50PPM, ULP95, and lubricants to Erongo.
On 26 July 2022, Stefanus allegedly laundered N$350 000 by transferring the money from Erongo Petroleum’s account to Quality Meat Supplies CC. The funds were then moved to Cornelius Petrus Willemse, who was Namcor’s supply and logistics manager at the time.
Those named in the case include Peter and Malakia Elindi, former Namcor managing director Immanuel Mulunga, Cornelius Willemse, Jennifer Hamukwaya, her husband Panduleni Hamukwaya, Olivia Grace Dunaiski, and Lydia Elindi, wife of Malakia.
Companies named include Onyeka Clearing and Forwarding CC, Nyambali Medical Centre CC, Panduleni Farming CC, and Parkwood Petroleum Logistics CC.
The ACC said the case stems from investigations into corrupt practices involving Namcor and its subsidiary, Namcor Trading & Distribution (Pty) Ltd.
Last week, Austin asked the High Court to halt the liquidation of Erongo Petroleum and Enercon, saying a pending N$774 million foreign investment deal could save the companies.
He submitted a letter of intent from Pacific Creation Limited, a Hong Kong-based company interested in acquiring equity in both firms.
Enercon Namibia, a joint venture with the Namibian Defence Force’s commercial arm August 26 Holdings, was founded by Peter and Malakia Elindi. August 26 Holdings owns a 25% stake in Enercon.
Austin, who owns Erongo Petroleum and holds shares in Enercon, said the proposed US$44 million investment would cover outstanding debts, including N$380 million owed to Namcor, and provide working capital.
Last month, High Court Judge Shafimana Ueitele issued a provisional liquidation order for both companies over unpaid debts.
They were given until 22 July to show why the order should not be made final. By November 2023, Erongo Petroleum owed Namcor N$266.7 million, while Enercon’s debt stood at N$114.6 million.
Alwyn van Straten was appointed by the Master of the High Court to oversee the liquidation.
Austin argued that Enercon is still owed money by the Ministry of Defence and Veteran Affairs, which could be used to repay Namcor.
He also submitted a bank confirmation from China Minsheng Bank showing that Pacific Creation Limited held over HKD 618 million (about N$1.6 billion) as of 18 July 2025.
The state’s case centres on a controversial 2022 transaction where Namcor paid Enercon N$53 million for military fuel infrastructure.
Prosecutors allege the infrastructure belonged to the Ministry of Defence, and the payment was unauthorised by Namcor’s board and not properly valued..
