Former National Corporation of Namibia (Namcor) managing director Immanuel Mulunga was arrested in Windhoek on Tuesday.
Anti-Corruption Commission of Namibia (ACC) director general Paulus Noa told The Namibian they were investigating Mulunga, but did not provide further details.
“Once we get more information, we will let you know,” he said before the arrest.
ACC officials descended on Mulunga’s residence at Klein Windhoek before the arrest.
Mulunga was suspended a year ago over the unauthorised payment of N$100 million for an oil block in Angola. However, the charges against him by the ACC have not been revealed.
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