NAM fails to account for four year funds
Outgoing Netball Association of Malawi (NAM) executive committee has not been submitting annual financial reports for the past four years.
Malawi National Council of Sports (MNCS) has since ordered the netball body to do so before its upcoming elections in June.
MNCS acting executive secretary Henry Mereka said despite NAM receiving about K200 million every year for its activities which include Malawi Queen’s assignments, the association never submitted financial reports.
He said: “We have asked them to submit the financial report before they hold their elections this year.”
In the 2017/18 financial year, NAM for the first time got K200 million up from the previous year’s K32 million after government decided to increase the association’s funding.
The association went on to get K200 million in 2018/19 and 2019/20 financial years. In the current 2020/21 financial year, the association was allocated K170 million due to Covid-19.
During the period in question, the Queens participated at Africa Netball Championships in Uganda in 2017 and 2017 Fast5 Netball World Series in Australia.
In 2018, the Queens participated at Gold Coast Commonwealth Games in Australia and African Netball Championship in Zambia.
In 2019, the Queens participated at 2019 Liverpool Netball World Cup.
The Queens were inactive for a good part of 2020 and only returned to action in November when they travelled to South Africa to play Three Test Series against the Proteas.
But NAM general secretary Carol Bapu yesterday said the association has been submitting the financial reports.
She said: “As NAM we appreciate what Malawi National Council of Sports are saying. NAM has been submitting the reports to Council.
“This is why we have been getting funding for the other activities Presidential lnitiative inclusive.
“Maybe Sports Council is looking for particular information and for that we will be engaging them to get a clear picture of what documentation Council is looking for.”
This is not the first time that Sports Council has taken NAM to task over failure to submit financial reports.
Last year, Sports Council queried NAM to submit the reports.
