Namcor-Enercon: Nandago joins Mulunga, Elindis in N$228m fuel scandal

Erongo Petroleum CC shareholder Leo Nandago is facing money laundering and racketeering charges linked to the Namcor-Enercon saga, involving fuel supply contracts valued at over N$228 million.After being denied bail in the Windhoek Magistrate&#039;s Court on Friday, Nandago is expected to appear today (Monday, 14 July) alongside Immanuel Mulunga, Jennifer and Panduleni Hamukwaya and Peter, Malakia, and Lydia Elindi for a formal bail hearing before Magistrate Olga Muharukua.Nandago reportedly made a N$500 000 payment nearly three years into the account of Quality Meat Supplies. That money was then transferred to Panduleni Farming CC, purportedly for the benefit of Jennifer, then the executive of finance and administration at National Petroleum Corporation of Namibia (Namcor).State prosecutor Menencia Hinda alleges that the payment was intended to influence Jennifer, who subsequently approved a N$22 million fuel supply to Erongo Petroleum CC.Between 1 August 2022 and 4 May 2023, Nandago reportedly again received fuel valued at N$228 million, derived from what it describes as a pattern of racketeering activity. He is accused of using the proceeds to fund the operations of Erongo Petroleum CC and Quality Supplies CC.Money laundering trailIn detailed regards to the money laundering charges in July 2022, he allegedly transferred N$350 000 from the Erongo Petroleum account to Quality Meat Supplies, which was then passed on to Cornelius Willemse, another former Namcor employee. The State says this money came from the proceeds of unlawful activities.Provisional liquidationThree weeks ago, High Court judge Shafimana Ueitele issued a provisional liquidation order against Erongo Petroleum CC and Enercon Namibia over unpaid fuel debts exceeding N$380 million owed to Namcor.Court documents indicate that by November 2023, Erongo Petroleum, owned by Austin Elindi, owed Namcor approximately N$266.7 million. Enercon Namibia, co-owned by Peter and Malakia Elindi, had an outstanding debt of N$114.6 million.The court granted the provisional order last week, placing both entities under the administration of the Master of the High Court.rita@nmh-hub.com.na

Namcor-Enercon: Nandago joins Mulunga, Elindis in N$228m fuel scandal

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Namibian Sun 2025-07-15

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Namcor-Enercon: Nandago joins Mulunga, Elindis in N$228m fuel scandal

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Namibian Sun 2025-07-15

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