30 Nov 2017 20:20pm
WINDHOEK, 30 NOV (NAMPA) The Namibia Students Financial Assistance Fund (NSFAF) failed to appear before the Parliamentary Standing Committee on Public Accounts on Thursday to answer questions on N.dollars 1.7 billion which is unaccounted for.
The money was disbursed from the education ministry to NSFAF between 2009 and 2013.
Chairperson of that committee, Mike Kavekotora on Thursday described the no-show as unacceptable.
This is a total disregard and is a total arrogance from the management, he said at Parliament building.
Kavekotora said NSFAF Chief Executive Officer (CEO), Hiliya Nghiwete and her management sent a letter to the committee at the last minute, indicating their inability to attend the hearing as it requires more time to conduct a detailed validation and analysis of 46 000 files which were transferred from the education ministry when NSFAF became an independent body in 2013.
This exercise is expected to be concluded by the 31 March 2018, the NSFAF said.
What is written in the letter is nothing new; it does not add any value whatsoever and I am very concerned that there seems to be an attitude from NSFAF that is not to our liking, said Kavekotora.
He stated that that CEO informed the committee that the fund is working on how to account for that money.
Kavekotora, who did not accept the letter, informed the hearing that NSFAF will be subpoenaed in February 2018, as soon as Parliament opens its session for the year 2018, to explain what happened to the money.
Speaking to the media on the sidelines of the hearing, Permanent Secretary in the Ministry of Higher Education, Training and Innovation Alfred van Kent said between 2009 and 2013, there were different people who worked at the fund before it became an independent body.
He said all documents were handed over to NSFAF when it became an independent body, adding that it is a matter of reconstructing the reports.