Former Namcor Boss Arrested in High-Stakes Corruption Probe
Windhoek, Namibia — In a dramatic turn of events that's stirring national attention, the former head of Namibia’s state-owned oil company has found himself at the center of a high-stakes corruption investigation.
Immanuel Mulunga, the former managing director of the National Petroleum Corporation (Namcor), was taken into custody on Tuesday in the capital, Windhoek. His arrest followed a coordinated early-morning operation by anti-corruption investigators who descended on his Klein Windhoek residence.
While the full scope of the charges remains undisclosed, the investigation is tied to a controversial N$100 million payment allegedly made without proper authorization. The funds were reportedly linked to an oil exploration block in Angola.
This questionable transaction, which surfaced in 2023, led to Mulunga’s suspension and sparked public outcry. Since then, the matter has cast a spotlight on the lack of oversight, poor governance, and weak financial controls within state-owned enterprises in Namibia.
Investigation Deepens
Authorities involved in the probe say Mulunga's arrest is part of a broader inquiry into potential financial misconduct and abuse of office. However, investigators have so far declined to elaborate on the specific allegations.
"We will share more once we’re in a position to do so,"
— a senior Anti-Corruption Commission (ACC) official told reporters before the arrest.
National Spotlight
The development marks a pivotal moment in one of Namibia’s most closely watched public-sector scandals in years. It also sends a strong signal that law enforcement agencies may be intensifying efforts to hold influential figures accountable for their roles in mismanaging public funds.
As the story continues to unfold, the nation waits to see whether this arrest will lead to formal charges—and just how deep the investigation will go in exposing the full extent of the alleged wrongdoing.