{"id":42191,"date":"2023-03-31T17:30:40","date_gmt":"2023-03-31T17:30:40","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/opposition-condemn-mafia-style-corporate-governance"},"modified":"2023-03-31T18:25:32","modified_gmt":"2023-03-31T18:25:32","slug":"opposition-condemn-mafia-style-corporate-governance","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/opposition-condemn-mafia-style-corporate-governance","title":{"rendered":"Opposition condemn \u2018mafia-style corporate governance\u2019"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>The recent allegations of impropriety and controversies surrounding the leadership of the National Petroleum Corporation of Namibia (Namcor) have sparked widespread concern.<\/p>\n

Two opposition parties this week expressed dismay and suggested probes into the embattled State-owned fuel company.<\/p>\n

In particular, the Popular Democratic Movement (PDM) has called for the suspension of Namcor\u2019s managing director Imms Mulunga within 48 hours.<\/p>\n

This follows a New Era report that the finance minister Iipumbu Shiimi on Tuesday summoned Namcor board members to an impromptu crisis meeting over the mess the parastatal finds itself.<\/p>\n

During the meeting, it was reported that Shiimi expressed strong disapproval over the improprieties at Namcor, stressing that all outstanding procedural matters should be resolved before the week\u2019s end.<\/p>\n

One such matter includes the potential disciplinary action to be taken against Mulunga.<\/p>\n

The controversies stemmed from allegations of misconduct within the company, including Mulunga\u2019s purported involvement in a payment exceeding N$100 million for two Angolan oil blocks that were executed without board authorisation.<\/p>\n

The subsequent disputes between Mulunga and the board\u2019s chairperson Jennifer Comalie, further fuelled public scrutiny.<\/p>\n

Comalie\u2019s recent arrest with drugs, valued at N$57 000, in her official vehicle before a meeting, allegedly discussing potential disciplinary measures against Mulunga, further complicated matters.<\/p>\n

She was subsequently released on bail on Tuesday.<\/p>\n

In a press statement yesterday, oppositions argues that these scandals will put the entity\u2019s integrity and reputation at stake.<\/p>\n

They expressed concern over the management of the country\u2019s oil resources and the need for urgent investigation and reform to improve transparency and governance at Namcor.<\/p>\n

The PDM has promised to initiate a parliamentary investigation into what it calls \u201cmafia-style cooperate governance\u201d [Sic] at Namcor.<\/p>\n

\u201cThe motion will move to have this investigation referred to a relevant Parliamentary Standing Committee, fully invoking the powers of said committees to subpoena witnesses to appear before it, as provided for by the Powers, Privileges and Immunities of Parliament Act 17 of 1996,\u201d the party said yesterday.<\/p>\n

Meanwhile, the Independent Patriots for Change (IPC) has called for accountability for any wrongdoing and public disclosure of investigation findings.<\/p>\n

\u201cThe findings of the investigation must be made public to restore the public\u2019s trust in the company and ensure that Namibia\u2019s natural resources are being used to benefit its people and promote sustainable economic development,\u201d reads the IPC statement.<\/p>\n

Attempts to get comments from Comalie and Mulunga proved futile, as their phones rang unanswered.<\/p>\n

They also did not respond to questions sent to them.<\/p>\n

However, the board\u2019s deputy chair, Tim Ekandjo, told New Era to wait for its pronouncement \u201cbefore reporting rumours that are not true\u201d.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. The recent allegations of impropriety and controversies surrounding the leadership of the National Petroleum Corporation of Namibia (Namcor) have sparked widespread concern. Two opposition parties this week expressed dismay and suggested probes into the embattled State-owned fuel company. In particular, the Popular Democratic Movement (PDM) has called for the suspension of Namcor\u2019s […]<\/p>\n","protected":false},"author":84,"featured_media":42190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[234,236,233],"class_list":["post-42191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nOpposition condemn \u2018mafia-style corporate governance\u2019 - Namibia<\/title>\n<meta name=\"description\" content=\"The recent allegations of impropriety and controversies surrounding the leadership of the National Petroleum Corporation ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/opposition-condemn-mafia-style-corporate-governance\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Opposition condemn \u2018mafia-style corporate governance\u2019\" \/>\n<meta property=\"og:description\" content=\"The recent allegations of impropriety and controversies surrounding the leadership of the National Petroleum Corporation ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/opposition-condemn-mafia-style-corporate-governance\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-31T17:30:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-31T18:25:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/03\/postQueueImg_1680267919.28.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"479\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/opposition-condemn-mafia-style-corporate-governance#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/opposition-condemn-mafia-style-corporate-governance\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Opposition condemn \u2018mafia-style corporate governance\u2019\",\"datePublished\":\"2023-03-31T17:30:40+00:00\",\"dateModified\":\"2023-03-31T18:25:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/opposition-condemn-mafia-style-corporate-governance\"},\"wordCount\":452,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/opposition-condemn-mafia-style-corporate-governance#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/03\/postQueueImg_1680267919.28.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/opposition-condemn-mafia-style-corporate-governance#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/opposition-condemn-mafia-style-corporate-governance\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/opposition-condemn-mafia-style-corporate-governance\",\"name\":\"Opposition condemn \u2018mafia-style corporate governance\u2019 - 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