{"id":11125,"date":"2022-02-02T16:41:06","date_gmt":"2022-02-02T16:41:06","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/fifa-irked-by-nfa-financial-statements"},"modified":"2022-02-02T17:38:59","modified_gmt":"2022-02-02T17:38:59","slug":"fifa-irked-by-nfa-financial-statements","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/fifa-irked-by-nfa-financial-statements","title":{"rendered":"Fifa irked by NFA financial statements"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>Otniel Hembapu<\/b><\/p>\n

Solomon Mudege, Fifa\u2019s head of development programmes for Africa, last Friday wrote to the secretary general of the Namibia Football Association (NFA), Franco Cosmos, to express his concern with the NFA\u2019s financial statements.<\/p>\n

The NFA submitted its financial statements for the fiscal year ended 31 March 2021 to Fifa early last month, but the NFA\u2019s auditors took a position not to express an opinion on the audited financial statements.<\/p>\n

Mudege has since expressed concern with the auditors\u2019 indistinct stance on the financial statements, saying the NFA\u2019s secretary general, finance and information and technology (IT) manager, as well as a representative from the NFA\u2019s audit and compliance committee should come forth and further explain all details around the financial statements.<\/p>\n

\u201cWe have taken note of the position of the NFA\u2019s auditor regarding \u201cthe other information\u201d on pages 26 and 27. These pages provide the NFA\u2019s detailed income statement and the distribution of the NFA\u2019s funds, including funds received from Fifa. The NFA\u2019s auditor states the following: \u201cOur opinion on the annual financial statements do not cover the other information, and we do not and will not express an audit opinion or any form of assurance conclusion thereon.\u201d<\/p>\n

\u201cAs such, we would like to request a conference call between Fifa, the NFA secretary general, the NFA finance and IT manager, and a representative of the NFA audit and compliance committee. We kindly ask that you propose suitable dates and times for this conference call. Once we have valid clarifications regarding the NFA\u2019s annual financial statements, we will request any further payments that may be due to the NFA,\u201d said Mudege in a letter addressed to Cosmos.<\/p>\n

Meanwhile, Mudege also communicated to Cosmos that the NFA will be receiving US$200 000 (which is about N$3.1 million) as part of Fifa\u2019s Forward Programme for the year 2022 to help cover travel and accommodation costs for Namibia\u2019s national teams.<\/p>\n

Fifa will also be making another payment of US$100 000 (which is about N$1.5 million), which will go towards the NFA\u2019s operational costs.<\/p>\n

\u201cThe second instalment for operational costs will be paid in July 2022, and is subject to compliance with Article 6.3 and Article 15 of the Fifa Forward Regulations,\u201d Mudege added.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. Otniel Hembapu Solomon Mudege, Fifa\u2019s head of development programmes for Africa, last Friday wrote to the secretary general of the Namibia Football Association (NFA), Franco Cosmos, to express his concern with the NFA\u2019s financial statements. The NFA submitted its financial statements for the fiscal year ended 31 March 2021 to Fifa early […]<\/p>\n","protected":false},"author":84,"featured_media":11124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,17,16],"tags":[234,236,233],"class_list":["post-11125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-sport","category-twitter","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nFifa irked by NFA financial statements - Namibia<\/title>\n<meta name=\"description\" content=\"Otniel Hembapu Solomon Mudege, Fifa\u2019s head of development programmes for Africa, last Friday wrote to the secret ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/fifa-irked-by-nfa-financial-statements\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fifa irked by NFA financial statements\" \/>\n<meta property=\"og:description\" content=\"Otniel Hembapu Solomon Mudege, Fifa\u2019s head of development programmes for Africa, last Friday wrote to the secret ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/fifa-irked-by-nfa-financial-statements\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-02T16:41:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-02T17:38:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/02\/img-61fac19c2c123.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"537\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/fifa-irked-by-nfa-financial-statements#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/fifa-irked-by-nfa-financial-statements\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Fifa irked by NFA financial statements\",\"datePublished\":\"2022-02-02T16:41:06+00:00\",\"dateModified\":\"2022-02-02T17:38:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/fifa-irked-by-nfa-financial-statements\"},\"wordCount\":390,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/fifa-irked-by-nfa-financial-statements#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/02\/img-61fac19c2c123.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"homepage-english\",\"sport\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/fifa-irked-by-nfa-financial-statements#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/fifa-irked-by-nfa-financial-statements\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/fifa-irked-by-nfa-financial-statements\",\"name\":\"Fifa irked by NFA financial statements - 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