Public Accounts and Auditor’s Board (PAAB)

Andrew Kathindi The Public Accounts and Auditor’s Board (PAAB) has confirmed that it has instituted an investigation into allegations raised against auditing firm PwC by Affirmative Repositioning (AR) leader and Windhoek mayor, Job Amupanda. Amupanda accused August 26, a holding company owned by the Ministry of Defense, of transferring N$200 million from the Defence Ministry account, an action which he alleges to be unlawful but was not flagged by PwC which conducted its audit. “Where such an investigation is complete and finds the registered auditor guilty, the PAAB may take disciplinary action against the guilty auditor. The disciplinary actions range…