Friday 22 May 2015

Namibian President Hage Geingob and his First Lady Monica Geingos declare assets

Namibian President Hage Geingob and his First Lady Monica Geingos declared their assets at the State House on Wednesday 20 2015 as promised when he delivered his maiden State of the Nation Address on April 21, 2015, following slightly delayed by PriceWaterhouseCoopers.

Geingob started his historic declaration by listing assets acquired pre-independence before dealing with his current situation.

Geingob's assets are worth over N$50 million while the First Lady's assets range from N$45 to N$60 million in equity.
."Today is the day. I am undressing myself in public because I hold a public office. It is a new beginning. We are going to see things being done in a different way,'' Geingob said.
Ministers will also have to declare their assets to the president while Permanent Secretaries will replicate the same move. Members of parliament will declare their assets to the Speaker of Parliament.

President Geingob also declared his health status. He said medically he is in tip-top shape.

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