AG gives adverse verdict to Land Acquisition Fund

NAMPA
2026-03-04
WINDHOEK, 20 AUGUST 2024 - Auditor-General Junias Kandjeke gave a bad verdict to the Land Acquisition and Development Fund. (Photo: Contributed) NAMPA. WINDHOEK, 20 AUGUST 2024 - Auditor-General Junias Kandjeke gave a bad verdict to the Land Acquisition and Development Fund. (Photo: Contributed) NAMPA.
WINDHOEK, 04 MAR (NAMPA) - The Land Acquisition and Development Fund faced scrutiny after Auditor General Junias Kandjeke highlighted some financial discrepancies due to incomplete financial statements for 2025 in accordance with International Public Sector Accounting Standards (IPSAS) principles.
Kandjeke submitted an adverse audit report this week to the Speaker of the National Assembly, revealing that the financial statements of the Land Acqui...
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