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Veterans fail to explain N$40 million expenditure

Mon, 16 November 2015 16:16
by Villager Reporter
News Flash

The Ministry of Veterans Affairs’ War Veterans Trust Fund has been unable to explain the expenditure of N$43 435 028 million, a recent audit revealed.

According to Auditor- General Junias Kandjeke’s report for the financial year which ended on 31 March 2009, the auditor was unable to confirm the completeness, accuracy and existence of expenditure amounting to N$43 435 028 due to the non-submission of supporting documents.

“The transactions of 30 items mentioned in the Management Letter were done during the time when the account was with the Ministry of Labour and Social Services. The supporting documents are available for audit with the Directorate of Policy, Heritage and Social Affairs of this Ministry,” the audit commented.

The auditor also found that the financial statements for the year ending 31 March 2009 were incomplete. Comparatives figures and the trial balance were not provided by the fund. “It is true that financial statements were not provided on comparative figures, and that the trial balance was not provided. The Ministry will rectify and submit the amended financial statements on 23 February 2015,” the Auditor- General commented.

The Auditor-General gave a disclaimed audit opinion due to the incompleteness of the documents submitted to explain the expenditure of over N$40million.

Earlier this year, The Villager wrote that Government had to date availed N$1.3 billion into the Individual Veterans’ Projects (IVP), catering for 7289 applications from the financial year 2010/11. This is despite the Minister of Veterans Affairs Nickey Iyambo acknowledging that his ministry still struggles to provide technical support to the beneficiaries to drive their businesses, except in the fields of agriculture and animal husbandry.

IVPs are funded according to budget provisions of the ministry every financial year. “Currently, the ministry has specialists with sound knowledge in farming, specifically crop and cattle farming, who can help first-time farmers manage their projects. But this does not limit veterans from seeking extra help from specialists outside our ministry,” said Iyambo then.

He had told The Villager that the ministry had sought the services of senior community liaison officers who are based in all regions of the country to look for some of the liberation war veterans who might not know about the Government’s initiative to better their plight. He added that the ministry also has specialists in regions to help monitor progress on veterans’ projects.

The Minister had said there are some children who have both their parents and they are both employed, and those who have both unemployed parents. The ministry will first help the ones with unemployed parents. He also told The Villager that the Ministry cannot afford to pay for all people who have applied, but it will focus on those in dire need.

“I, however, cannot confirm the percentage of projects which are successfully run because I am still waiting for the annual report from those who are collecting information from projects countrywide,” he noted.