President and First Lady to declare assets

21 Apr 2015 18:30pm
WINDHOEK, 21 APR (NAMPA) – President Hage Geingob and First Lady Monica Geingos will next month publicly declare all their personal assets for the sake of transparency.
During his maiden State of the Nation Address on Tuesday, the president attributed the move to the prevention of undue benefits accrued by public officials and to avoid conflict of interest.
Although the law does not require the Namibian Head of State to disclose his personal assets, Geingob said he feels obliged to do so.
“These disclosures will be made in line with the belief that transparency starts at the top. I am deeply convinced that accountability, transparency and inclusive leadership are for sustained socio-economic development and the improvement of the lives of all the people,” he stated.
Geingob has thus engaged PricewaterhouseCoopers Tax and Advisory Services (PWC) to assist him with an independent assessment of his assets.
PWC will also assist the president to prepare a financial disclosure report, which he will present to the public in the second week of May 2015.
Geingob said he will also release his medical health reports for public scrutiny.
For the sake of consistency, he said, the First Lady will also disclose her personal assets, despite no legal requirement for her to do so.
He also assured the nation that Prime Minister Saara Kuugongelwa-Amadhila will ensure that civil servants equally disclose all outside interests and sources of income independent from their employment at Government.
Geingob appealed to all ministers and their deputies to also issue Ministerial Declarations of Intent that will constitute a contract with the public on delivery to which they will be held accountable.
Namibia’s third president opened his first State of the Nation Address saying: “The Namibian house is solid. The foundation is firm. The state of the nation is healthy. Now it is time to make sure that all who reside in the house are healthy, well educated, have decent employment and are well nourished”.
According to Geingob, these are basic pre-requisites in the maintenance of a harmonious home.
(NAMPA)
MMT/LI/ND