Namibia: AG Blasts NSFAF Books, Student Funding Body Blames Manual Database

23 September 2021

Auditor General Junias Kandjeke has once again poured scorn on the books of the Namibia Students Financial Assistance Fund for the financial year ended March 2020, but the fund has refuted some of the concerns.

NSFAF once again got an adverse audit opinion from the attorney general. An adverse opinion is a professional opinion made by an auditor indicating that a company's financial statements are misrepresented, misstated, and do not accurately reflect its financial performance and health.

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