News Central TV | Latest Breaking News Across Africa, Daily News in Nigeria, South Africa, Ghana, Kenya and Egypt Today.News Central TV | Latest Breaking News Across Africa, Daily News in Nigeria, South Africa, Ghana, Kenya and Egypt Today.
    Facebook Twitter Instagram YouTube
    • Politics
    • Business
    • Sports
    • Features
    • Shows
    • Op-Ed
    • Watch Live
    Facebook Twitter Instagram YouTube
    News Central TV | Latest Breaking News Across Africa, Daily News in Nigeria, South Africa, Ghana, Kenya and Egypt Today.News Central TV | Latest Breaking News Across Africa, Daily News in Nigeria, South Africa, Ghana, Kenya and Egypt Today.
    Watch Live Tv
    OUR TV SHOWS
    • BREAKFAST CENTRAL
    • VILLAGE SQUARE AFRICA
    • BUSINESS EDGE
    • SECURE THE CONTINENT
    • ONE SLOT
    • POLITICS HQ
    • REPORT DESK AFRICA
    • E CENTRAL
    News Central TV | Latest Breaking News Across Africa, Daily News in Nigeria, South Africa, Ghana, Kenya and Egypt Today.News Central TV | Latest Breaking News Across Africa, Daily News in Nigeria, South Africa, Ghana, Kenya and Egypt Today.
    You are at:Home»Sports News»CAF denies audit allegations
    Sports News

    CAF denies audit allegations

    Tolu ShotadeBy Tolu ShotadeFebruary 17, 202002 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    Confederation of African Football (CAF) President Ahmad Ahmad delivers a speech during the 40th CAF ordinary general assembly on February 2, 2018 in the Moroccan city of Casablanca. (Photo by FADEL SENNA / AFP)
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Confederation of African Football [CAF], has said the findings of an audit that concluded it was unreliable and untrustworthy are “unfounded”.

    Details of the audit, by PricewaterhouseCoopers (PwC), came out during the week. The audit questioned the body’s accounting, its governance, and its payments, which it found to be “unreliable and not trustworthy,” amongst its findings.

    The audit also highlighted transactions totaling more than $20m (£15.4m) which either have “little or no supporting documentation” or were considered “higher risk”.

    CAF released a statement addressing the audit and what it claims are “unfounded allegations contained in the report,” following an Executive Committee meeting in Doha on Friday.

    It said officials from PwC were invited to the meeting but had “failed to make it.”

    The statement specifically sought to address three areas in which questions had been raised: support payments made for the funerals of “individuals who have served African football”; the use of development funds linked to the FIFA Forward project; a deal with the little-known gym equipment maker Tactical Steel to supply sportswear.

    CAF said the funeral payments were “acts of solidarity in support of families”, specifically naming the family of senior Kenyan football official Hussein Swaleh, who died in the 2019 Ethiopian Airlines plane crash.

    It also said the use of FIFA Forward funds had been “strictly governed by procedures set by FIFA.” PwC’s audit had reviewed just under $10m of FIFA Forward payments to CAF and found only five of the 40 payments “appeared to be aligned to purpose” while the rest, totaling some $8.3m, either had “little or no supporting documentation” or were considered “unusual/higher risk”.

    The Tactical Steel deal, into which the PwC report recommended an investigation, was also addressed, though CAF said only that “the procedures are before various jurisdictions” and that it was “ready to provide the relevant justification for the matter as previously authorized by the CAF Executive Committee.”

    CAF Football
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleMali’s Moussa Marega suffers racist abuse
    Next Article Madagascar Seeks $17 Billion Developmental funds
    Tolu Shotade

    Related Posts

    Ancelotti’s Son, Davide, Takes Botafogo Coaching Job

    July 8, 2025

    Ahmed Musa Vows to Revive Kano Pillars FC

    July 8, 2025

    Liverpool Squad Resumes Training After Jota’s Death

    July 8, 2025
    Add A Comment

    Leave A Reply Cancel Reply

    Latest Stories Today

    Dangote Reduces Petrol Price to N820 Per Litre

    By Temitope OkeJuly 8, 2025

    Dangote Petroleum Refinery has decreased its ex-depot price of premium motor spirit (PMS), commonly referred…

    Jota Died in Crash While Likely Speeding—Police

    Ancelotti’s Son, Davide, Takes Botafogo Coaching Job

    Ondo Doctors Declare Three-Day Warning Strike

    • Facebook
    • Twitter
    • Instagram
    • YouTube
    © 2025 Newscentral Television All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.