NAMCOL CEO confirms investigations into misappropriated funds

NAMCOL CEO confirms investigations into misappropriated funds

NAMCOL CEO confirms investigations into misappropriated funds

Stefanus Nashama Namibian College of Open Learning’s (NAMCOL) Chief Executive Officer, Heroldt Murangi, said there are ongoing internal investigations on reported misappropriated funds at the institution. He made the revelations yesterday to Windhoek Observer upon enquiry, of an alleged N$3 million that went missing. The allegations were made by the Affirmative Repositioning (AR) Movement’s leader, Job Amupanda. Murangi said that he is not aware that N$3 million was stolen from the institution but he is aware of certain funds that were misappropriated. He added that he does not know what the actual amount is and that he is waiting for…
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