NBC Rejects N$184 Million Claim, Maintains Huawei Debt Is Only N$3 Million
The Namibian Broadcasting Corporation (NBC) has clarified that it owes Huawei N$3 million, firmly disputing claims that its liability stands at N$184 million as suggested by Parliament’s Standing Committee on Public Accounts.
The committee, however, maintains that the N$3 million has not been properly accounted for in the broadcaster’s financial records.
NBC board chairperson Lazarus Jacobs has dismissed the concerns, stating that the amount is recorded as a contingency liability in the corporation’s books. He added that the figure is too insignificant to justify an adverse audit opinion.
Jacobs also criticised the Office of the Auditor-General, accusing it of failing to present the full accounting treatment of the N$3 million to the parliamentary committee.
About the Author
Aneli Fura is a Senior Editor at The Updated World, where he oversees and contributes to general news coverage across Namibia. His reporting focuses on crime, accidents, local developments, and other important stories affecting communities across the country.
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