CAF hits back at PwC audit

CAF hits back at PwC audit

by Graeme Jackson

Tuesday Feb 18, 2020. 09:00

The Confederation of African Football (CAF) has hit back at a Pricewaterhouse Coopers (PwC) audit which raised the issue of “possible abuse of power” in the organisation.

Last week Reuters revealed that a 55-page PwC audit report was highly critical of CAF’s financial management.

Issues surrounding payments between CAF and French media company Lagardère, the distribution of money from the FIFA Forward project and a sponsorship deal with little-known gym equipment maker Tactical Steel were highlighted as major concerns.

However, following a recent Executive Committee meeting in Qatar’s capital Doha, where the CAF Super Cup was played this past weekend, the continental governing body released a statement addressing the audit and what it claims are “unfounded allegations contained in the report”.

According to a report on Inside the Games, CAF said officials from PwC were invited to the meeting but had “failed to make it.”

CAF said the use of FIFA Forward funds is “strictly governed by procedures set by FIFA”.

“As a reminder, the periods – 2015, 2016 and 2017 – were the subject of a FIFA audit by international firms, including PwC,” the statement reads.

In regards to the Tactical Steel deal CAF insisted it is “ready to provide the relevant justification for the matter as previously authorised by the CAF Executive Committee”.

CAF has effectively been run by FIFA since midway through last year, with the world governing body stepping in after allegations of corruption and sexual assault were levelled at CAF president Ahmad.

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