Feb 26 • 05:33 UTC 🌍 Africa AllAfrica

Namibia: Nandi-Ndaitwah's Sons Reject IPC Claims of Oil Industry Involvement

President Nandi-Ndaitwah's sons deny IPC leader's claims of their involvement in the oil industry.

In a public statement, President Netumbo Nandi-Ndaitwah's two sons, Ndeli and Nande Ndaitwah, have refuted claims made by IPC leader Panduleni Itula that they are involved in the oil industry. Itula's allegations suggested that the first family is attempting to establish control over Namibia's significant oil sector through undisclosed private business interests. This assertion has been labeled as a 'blatant lie' by the president's sons, seeking to protect their reputation amid rising political tensions.

The claims stem from a broader concern regarding the potential influence of political families in Namibia's economic sectors, particularly oil, which has seen increased interest and investment from various parties. Ndeli Ndaitwah is notably associated with Vaneli Foods CC, a company he co-founded, which is listed as a subsidiary of Millennium Investment Holdings. Millennium, managed by oil magnate Mathews Hamutenya, is known for its expansive activities in the Namibian energy market, including a current plan to acquire 53 petrol stations across the country.

Meanwhile, Nande Ndaitwah operates Tradeport Namibia (Pty) Ltd, whose interests lie primarily in the mining sector, further complicating the narrative surrounding their family’s business endeavors. The allegations made by Itula not only affect the Ndaitwah family reputation but also reflect ongoing political rivalries and the sensitive nature of business dealings connected to influential political figures in Namibia. The incident underscores the critical interplay between politics and business in the region, with implications for public trust in governance and economic integrity.

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