The National Petroleum Corporation of Namibia (NAMCOR) says it has opened a criminal case over suspected N$1 million fuel theft at the National Oil Storage Facility at Walvis Bay.
It is alleged that 39,993 litres of diesel ADO 50ppm were loaded in December 2023 and 39,891 of the same product in January 2024, supposedly to be delivered to a client, but such products never reached any customers, says the company.
“This is despite loading documents suggesting that the two loads were destined for a customer site, there is no evidence of the product having arrived or received by the bulk fuel customer. As a result, NAMCOR has conducted an extensive internal investigation which included theft of fuel, and last week opened a case of theft with the Walvis Bay Police,” said interim Managing Director Ebson Uanguta.
After the registering of a case, Uanguta said a truck driver who transported the two loads resigned last week Thursday. The driver worked for one of the companies contracted by NAMCOR to transport fuel on its behalf.
“We are working around the clock to ensure that the culprits responsible for this bear the full consequences of their actions,” said Uanguta, vowing to leave no stone unturned.
He in the same vein assured clients, stakeholders and the public of NAMCOR’s unwavering commitment to serve to the best of its abilities.
“There is a legal and moral obligation imposed upon NAMCOR to operate in accordance with the highest standards commensurate with a national oil company. Thus, I reiterate NAMCOR’s commitment to transparency and accountability,” he said.
“While the corporation will not disclose commercially sensitive information or any information that may impede ongoing investigations, it will provide stakeholders with updates at appropriate times. NAMCOR remains steadfast in its pursuit of justice and the protection of its assets and maintains its focus on delivering reliable as well as securing energy solutions to the nation.”
