Nico revenue drops 14% to P2.1 million
Tuesday, July 07, 2015

NICO
The slide in revenue has been attributed to the team’s poor performance this season, which saw Nico finishing off ninth. Nico made P2.4 million in the previous season, after a considerably successful season in which they finished fifth.
The club’s chairperson, Mothusi Taolo attributed the decline in figures to the team’s poor performance. “The attendance of games was very poor due to the team’s poor performance and that resulted in the club not making money from gate takings,” he said.
It seems some government accounting officers, sworn to tell "the truth, the whole truth, and nothing else but the truth" before Almighty God, may have deliberately lied during the committee’s vital work. If proven, this is not merely unprofessional; it is perjury, a serious criminal offence and it strikes at the very heart of responsible government.The PAC’s role is fundamental. After each financial year, it painstakingly examines how public...