Eenhana Council Faces Questions Over N$13.8 Million Financial Adjustments
By TUW
Questions over the financial records of the Eenhana Town Council have come under renewed scrutiny after auditors were unable to verify adjustments totalling N$13.8 million in the Council’s 2023 financial statements.
The issue emerged during a Wednesday hearing of the National Assembly Standing Committee on Public Accounts (PAC), which was examining the Auditor-General’s findings on the Council’s financial management.
The audit found that the Council failed to provide approved supporting journals for adjustments amounting to N$13,836,565 recorded in its Statement of Changes in Net Assets/Equity. Without the documents, auditors could not obtain enough evidence to confirm whether the adjustments were properly supported.
This limitation contributed to the Auditor-General issuing a Disclaimer of Opinion on the financial statements for the year ended 30 June 2023.
A disclaimer does not mean the funds were necessarily misused or unlawfully spent. Instead, it indicates that the Auditor-General could not obtain sufficient evidence to form a reliable audit conclusion on the affected information.
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The PAC is expected to seek explanations from the Council on the approval and documentation of the adjustments, as well as the steps taken to strengthen financial controls and record-keeping.
The finding has also highlighted the importance of maintaining complete supporting documentation when accounting for public funds.
