Oshikoto Council: N$5.5M Investments Flagged in Audit Report
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Oshikoto Council: N$5.5M Investments Flagged in Audit Report

Namibia·Wire Summary⏱️ 1 min read

THE Oshikoto Regional Council received a qualified audit opinion after an auditor-general report could not obtain sufficient evidence to confirm the existence, ownership and valuation of investments worth N$5.5 million. The finding relates to the council’s investments in the Northern Regional Electricity Distributor (Nored) and Central North Regional Electricity Distributor, valued at about N$5.5 million. […] The post Oshikoto council N$5.5m investments flagged appeared first on The Namibian.

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