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Six defendants granted bail in Namibia’s Namcor fraud and corruption case
Six individuals charged in connection with fraud and corruption at the National Petroleum Corporation of Namibia have been granted bail following successful appeals to the Windhoek High Court. The case centres on alleged financial misconduct at Namcor, the state-owned oil company, and has drawn significant public attention in Namibia.
The Namcor case is among several high-profile corruption proceedings currently under way in Namibia as authorities pursue accountability in the state-owned enterprise sector.