… As AG report shows ‘wrongful use’ of millions
By Eliaser Ndeyanale
REHOBOTH Town Council has not satisfied Auditor-General Junias Kandjeke that it can operate as a going concern.
Kandjeke revealed in his report on the accounts of the town council, for the financial year ended 30 June 2015, that the municipality’s total liabilities exceeded its total assets by N$2 million in 2015, while this figure stood at N$8.2 million in 2014.
Confidente. Lifting the Lid. Copyright © 2015