ATHLETICS Namibia is broke and has no bank account, its new president Frank Fredericks admitted yesterday.Fredericks said the federation used to have an account with First National Bank of Namibia, but the former executive committee closed it in April this year. Fredericks said that he is currently running the body from his own pocket, while he also gets assistance from several other sources.
"We cannot tell the athletes that we don't have money. But to be honest, we don't have a basis as there are no files or documentation that can at least guide us. We somehow have to start from scratch. The former executives have not handed over any files yet and it is difficult for us to proceed and draw up new plans. But at the same time, I cannot sit back and wait for outstanding files and financial reports and so on, I have to look to the future and work towards the interest of the athletes," he said.
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