Staff Reporter
SISA Namandje has questioned why the ACC has not moved to arrest other employees at Namcor who were also implicated by the Board in the ongoing fraud and corruption case.
Namandje pointed ACC investigator Oberty Inambao to High Court documents of Namcor against Enercon Namibia Pty Ltd, in which one of the Board members in the civil matter accused Sam Hasheela, a financial analyst, of coming up with a “sham” feasibility study for the purchase of nine fuel storage facilities from Enercon by Namcor.
The fuel storage facilities, the State claims, were part of a misrepresentation, as Namcor allegedly did not take ownership of the assets although they purchased them for N$53 million.
Namandje further argued that it is a distortion of facts that Enercon “sold a dream” to Namcor in selling the fuel storage facilities.
He added that the agreement stipulated that Enercon would use the fuel storage facilities even after they sold them to Namcor, with the caveat that they only store petroleum products in the tanks procured from Namcor.
The ACC investigator, however, questioned why Namcor, which already had a fuel supply agreement with Enercon prior to the purchase of said assets, would agree to such a deal and not use the assets directly.
Enercon spent N$58 million to upgrade fuel storage facilities, pumps, and canopies at nine defence home bases, and was in return given a 15-year exclusive fuel supply agreement until 2031 by the Ministry of Defence to recoup what they had spent on updating the fuel storage facilities, after which the assets would revert back to the ownership of the Defence Ministry.
Inambao, however, added that this agreement was cancelled by the Ministry of Defence in 2024 and that the ministry paid out Enercon for the remaining years.
He added that due to the fact that Namcor had purchased these assets, it was their right to have access to these payouts.
Namandje, however, questioned Inambao if he is a debt collector and told him to leave it be.
Namandje represents Malakia and Peter Elindi, representatives of Enercon, and Malakia Elindi’s wife, Lydia Elindi.
