FIFA Normalisation Committee for Namibia deputy chairperson Franco Cosmos said a new audit into the Namibia Football Association’s financials raised “many red flags”.
These findings, pertaining to the 2018/19 season, will be submitted to the International Federation of Association Football by the end of the week, he said.
The Fifa commissioned re-audit is the only remaining function on the NC’s to do list before handing over the reins to the new NFA executive committee led by president Ranga Haikali next week.
The remedial body was appointed in January 2019 to run the NFA’s daily affairs; ensure that the members of the NFA whose executive committees are out of mandate organise and conduct the relevant elections; and once elections have been held at member level, to organise and conduct elections of a new NFA executive committee.
“We are nearly there. The only outstanding thing was the audited financials. This process is almost done. They [reports] were given to us by the auditors, we just have to go through them and make our comments in the management,” Cosmos told The Namibian Sport on Sunday.
“These are things that Fifa instructed to do because they were not comfortable with the previous auditors of the NFA,” he explained.
“They [Fifa] said the previous auditors were just too comfy with the NFA. In these audited reports, there are just too many red flags and missing documentation, that’s why it took so long.
"We ended up not finding them [missing documents], and the only way to go forward is to say [to Fifa] we can’t find them,” continued Cosmos, who doubles as the interim NFA secretary general.
“The sooner this is submitted, the sooner Fifa can release money to association as well. It’s going towards end of the month, we need to pay salaries and other overheads like water, electricity and so forth,” Cosmos said.
The NC’s term, initially set to run until May 2019, was extended thrice in view of obstacles emanating from the fallout of the previous NFA administration, and the ongoing opposition to NFA instructions by the Namibia Premier League.
The feud last week reached the Court or Arbitration for Sport.
