Auditor disputes over Ksh30m owed to Nyamweya by FKF
Football Kenya Federation (FKF)’s appointed auditor, Alloys Otieno, has rejected payment of over Ksh30.80m owed to former president, Sam Nyamweya that was reflected in the consolidated financial statement presented during Saturday’s Annual General Meeting.
“I I’m not convinced and do not see the reason as to why Nyamweya should be refunded Ksh30,808,038 yet there is no paper trail showing why the federation needed the money from him,” Otieno stated.
According to the figures presented to the AGM by President Nick Mwendwa his predecessor lent the federation the figure last year in an item listed as Local Borrowings from his current account.
In 2014, Nyamweya who lost his seat to Mwendwa in February’s elections gave Ksh7,331,705 but the financial statement does not record why the money was needed and where it was used.
“Borrowing money has been procedural and approved by the NEC. The auditor had all the documents; we have supplied everything that was properly documented.
“He took all the papers. Running a federation is a complicated exercise. How can you come up with an audited report without knowledge of how the money was used? I should have been have told to go there and explain where the money was used,” Nyamweya told Citizen Digital when reached.
“I have done proper transition. If there are any issues, they ask how the money was spent. It is me and my office who can say how the money was spent in any case, not Nick,” the former FKF leader added.
“People must stop witch-hunting. I have audited accounts from that auditor. The most important thing is I have lent the money and it was used by other people. I’m happy I did a proper transition and the evidence I lent the federation money,” Nyamweya who expressed his delight at the way he managed the federation in his four year tenure underscored.
The Kenyan Premier League (KPL) who are in a tussle with FKF over the composition of the 2017 top flight season also lent the latter Ksh2m in 2014 and River Bank Solutions, an Information Technology company associated with Mwendwa gave out Ksh 1,669,000.
The cash-strapped federation further borrowed Ksh2m from chain, Nakumatt Limited with cash borrowings from undisclosed sources totalling Ksh13,357,770.
According to the statement, the federation is Ksh29,430,005 in debt in the past financial year that is a increase from Ksh13,357,770.
Elsewhere, the FKF boss announced the court had barred them from suspending former presidential candidate, Hussein Mohammed.
“While we are here our lawyer has received orders from court barring us from suspending Hussein Mohammed and Extreme Sports.
“So we are not going to take a vote on Hussein and Extreme Sports and disobey court orders however we are going to take a vote against other individuals involved in unsanctioned leagues,” Mwendwa said.
FKF outlawed the Super 8 league that has been running in Nairobi and warned clubs against signing players involved in the competition.
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