Namibia: Opposition Condemn ‘Mafia-Style Corporate Governance’

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’s managing director Imms Mulunga within 48 hours.

This follows a New Era report that the finance minister Iipumbu…