Audit Report: ZIFA Overspent US$93k On Travel Costs Alone During AFCON 2019

1 year agoFri, 18 Nov 2022 08:38:47 GMT

Audit Report: ZIFA Overspent US$93k On Travel Costs Alone During AFCON 2019

The forensic audit report into the financial activities of the Zimbabwe Football Association (ZIFA) which was released to the public on Thursday suggests that over US$600 000 and $73 000 000 could not be accounted for.

The 54-page report seen by Pindula News was produced by BDO Zimbabwe Chartered Accountants. The auditors audited ZIFA books of accounts in the period 1 December 2018 and 30 November 2021 during which the association was led by Felton Kamambo. Read part of the report:

Africa Cup of Nations 2019 (AFCON) Charter plane

ZIFA sought quotations and prepared and approved a budget for costs to be incurred in preparing for and during the Africa Cup of Nations (AFCON) 2019 tournament which was to be held in Cairo, Egypt in June 2019. ZIFA then wrote to the Sports and Recreation Commission requesting for budgetary support. The budget included US$57,000 for airfares to the tournament”.

We, however, noted that on 12 June 2019, the ZIFA Emergency Committee approved the chartering of a plane to Cairo at a cost of US$150,000. This means ZIFA overspent by an amount of US$93,000 on travel costs alone”.
The minutes of the Emergency Committee meeting which were availed to us were not signed and no justification has been given to us as to why this decision was made.
Buy Samsung, itel, Redmi smartphones in Zimbabwe

WhatsApp: +263715068543

Maladministration is one of the accusations that were raised by the Sports and Recreation Commission (SRC) when it suspended the Felton Kamambo-led ZIFA board.