FIFA has revealed it discovered "circumstances, which may indicate or lead to misuse of funds" which total $801,229 (N251,514,000m at bank rate of 314 naira to one dollar).

The discovery was contained in the report on the 2015 review on the use of FIFA Development Funds which was carried out by audit firm, PricewaterhouseCoopers (PwC).

The report which was obtained by Sahara Reporters, FIFA said it detected that the sum of $801,229 was spent by the NFF without evidence supporting the disbursement.

In review, FIFA said the use of FIFA Development Funds could not be traced to supporting documentation or the use aligned with FIFA-prescribed purposes) or other non-compliance with FIFA regulations.

The report which is tagged was shared with Fatma Samoura, FIFA Secretary-General; Patricia Waldvogel, FIFA’s Head of Consolidation and Compliance; Kjetil Siem, acting Chief Member Association Officer; Fredric Guillemont, FIFA’s Deputy Head of Development Programmes.

The NFF executives notified are Mr. Muhammed Sanusi, General Secretary, NFF; Mr. Emmanuel Ikpeme, Deputy General Secretary, NFF; Christopher Anderkin, NFF’s Deputy Director (Finance and Administration)

David Mason, FIFA Senior Relationship Manager; and Richard Thomas, Engagement Leader, PwC were also notified.

The review was conducted from August 16 to 18, 2015 and the PwC team, which carried out the review, contacted Messrs. Atabo and Aderibigbe of NFF for information on the use of the funds.

FIFA says the NFF must make refunds for any amounts which could not be accounted for.

NFF Deputy General Secretary, Mr. Ikpeme admitted the NFF got many things wrong but tried to give excuses for how the sum was spent.

According to Mr. Ikpeme, the problem associated with payment for planning and administration was caused by the exchange rate.

“As at the time of making the payment, the exchange rate at the parallel market crashed alarmingly. That accounts for the difference in the sum reported, but all supporting documents are attached to the voucher,” he responded.

This comes as a new low after NFF vice-president Shehu Dikko claimed the governing body spends N200m in each match the Super Eagles play.

Shehu also blamed the sports ministry for the failure to pay the Super Falcons before their protests made it possible.

http://officialgsf4..com/2016/12/fifa-reveals-how-nff-mismanaged-n251m_36.html

Cc: Seun, Lalasticlala

Yes, the money meant to be spended has been spended. Shikenan

Sack Dalung now!

Pray for Nigeria,

Prepare for revolution!

Say no to clueless leadership!

you wonder why they are always fighing in that glass house ... but dem never break one single glass ...


that akwuya wey dey wear red cap said something recently very funny..

can someone pls remind me..

Money still keeps disappearing without trace. Naija my country I hail o

issorite

useless morons at NFF

I just want to blame BUHARI. That's all

Just within one year all we could get was "the funds spended were properly spended"

No problem, God dey

How will this country move forward like this..
Oh Lord Bami Dariji Wan

lol how come?

I thought the monies spended were properly spended

Buhari and EFCC will not see them. Since they are APC members .Association of Angry Nigerian Youth

Chai.

It was not well spended ?

NFF disgracing Nigeria since 1311 BC.

NFF independent of Government, but when in trouble they'll run to the FG like the case of the falcons.

Now if FG wants to put the house in order, FIFA would bark, and would threaten to Ban Nigeria from all competitions.

Who can handle NFF? EFCC or FIFA?

But the money has been spended now according to the Sports Minister for finance

THEY FOLLOWED THE FOOTSTEP OF THEIR BIG BOSS SEPP BLATER.

BTW, mis-management of funds is norm is this country nah.......

Pls make una cut them some slack jawe!!!

That glass house is a house of thieves, right from Abacha regime

Nvr trust 9ja leaders with cash

my government shall be accountable

No wonder Dalung could not pay the Super Falcons.
Buhari can't see that one.
DSS won't arrest him.
Magu's EFCC won't prosecute him.
Anyone who believes that APC is fighting CORRUPTION must be a big joker.

AlphaStyles:
Nvr trust 9ja leaders with cash

Including Dalung and his boss, Buhari?

Your 5% of 251Mil is set.Good work.let smbody help calculate this

Unless someone throws a grenade in that so-called Glass House, I see no meaningful development in Nigeria football. Just imagine d recent issue of players non-payment after winning a cup!!!

After national assembly, I think NFF is the most corrupt body in Nigeria. EFCC should pay a visit to that their glass house.

People like Demola Olajire have been there since 300BC. Why don't they want to leave?

seguno2:


Including Dalung and his boss, Buhari?

Wawa NFF is an independent body. the FG cannot interfere. Only FIFA can do that.

seguno2:
No wonder Dalung could not pay the Super Falcons.
Buhari can't see that one.
DSS won't arrest him.
Magu's EFCC won't prosecute him.
Anyone who believes that APC is fighting CORRUPTION must be a big joker.

Exactly

Am sick and tired of this country

Godfullsam:
Sack Dalung now!

Mumu. Is dalung the FIFA president? or don't u know that the FG can only assist NFF but can't query it?

seguno2:

Including Dalung and his boss, Buhari?

all of them