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Mekondjo Katunga

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Background

Namibia

Namibia Institute of Pathology Ignores Auditor’s Advice, Opts to Purchase Vehicles Despite Cost Disadvantage

In a decision that contradicts the recommendation of its chief internal auditor, the Namibia Institute of Pathology has chosen to acquire 18 vehicles at a cost of N$8 million instead of leasing them for N$10.4 million over a four-year period. Despite advice from NIP's internal auditor, Mekondjo Katunga, dating back to August 2023, the organization proceeded with the purchase. Analysis of the fleet's expenses reveals that by the lease term's […]

todayMarch 25, 2024 17

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