Africa-Press – Namibia. ANTI-CORRUPTION Commission lead investigator in the ongoing Namcor fraud and corruption case today opened the books, alleging that an amount of N$53 million paid for the purchase of fuel stations by Namcor from Enercon ended up in the accounts of former Namcor employees who benefited from the funds.
The investigator, Oberty Inambo, testified that Namcor had entered into a deal with Enercon to purchase fuel stations which had already been encumbered under a nine-year agreement between Enercon and Namcor, thereby causing the state entity to lose N$53 million to Enercon as they did not benefit from the use of said assets.
Inambo testified that from the N$53 million paid, Enercon had transferred back N$35 million to Namcor for fuel debt it had incurred, and the remaining N$18 million had been shared amongst the accused in the matter, who had allegedly misrepresented to Namcor the nature of the fuel stations, which had already been entangled in another agreement between the Defence Ministry and Enercon for nine years.
He added that from the N$18 million, a total of N$9.5 million was paid to Eco Trading CC, which at the time was 100% owned by Simaneka Victor Malima, an accused in the matter who is still on the run.
“Your Worship, upon receipt of these funds into the Bank Windhoek account of Eco Trading, funds were dispersed to various entities,” Inambo said, adding that on 20 July 2022, an amount of N$1.4 million was debited from the Eco Trading account into the account of Parkwood Petroleum.
“In terms of the BIPA records, Parkwood Petroleum was 100% owned by Mr. Cedric Cornelius Willemse, who at the time was still in the employment of Namcor, as Manager of Supply and Logistics. Your Worship, this was the very same money paid from his employer at the time to Enercon for the purchase of the service stations,” Inambo said.
He added that another amount of N$1.4 million was paid into the Bank Windhoek account of Quality Meat Supplies, an entity owned by Hileni Ithana, but in which Simaneka Malima is the beneficial owner and signatory of the bank account.
“When this money or credit was received in the account of Quality Meat Supplies, N$960,000 was paid into the personal account of Mr. Willemse—his personal account at Standard Bank. This was the same money paid from Namcor to Enercon, to Eco Trading, then to Quality Meat Supplies, and then landed in the account of Willemse,” Inambo said.
He shared that the remaining balance of N$500,000 was paid into Panduleni Farming CC, an entity which at the time had been 100% owned by Panduleni Hamukwaya, the husband of Jennifer Hamukwaya, who at the time was the Executive of Finance and Administration at Namcor.
A transaction of N$1.5 million was also debited from the account of Eco Trading CC and credited into the account of Eco Fuel Investment CC.
Eco Fuel Investment CC was owned by Johanna and Martha. This money was withdrawn in cash in two parts immediately after it was received. This was in July 2022—the first N$700,000 and then N$800,000. Connie van Wyk, another accused, is said to have withdrawn the said amount.
Inambo said that although Eco Fuel Investment had been owned by a certain Johanna and Martha, the signatories to the bank account the money was paid into were Simaneka Victor Malima, Austin Elindi, and Connie van Wyk.
Two additional payments had been made by Enercon from 20 July to 25 July to Onyeka Clearing and Forwarding, which resulted in Onyeka receiving N$3.8 million from 19–25 July 2022—an entity owned by Malakia and Peter Elindi.
For More News And Analysis About Namibia Follow Africa-Press
