The Confederation of African Football have hit back after a PWC audit raised concerns about financial mismanagement
The Confederation of African Football have issued a statement responding to a recent independent audit that raised concerns about the organisation’s book-keeping, reaffirming the organisation’s commitment to transparency.
On Saturday, Reuters shared excerpts from a Price Waterhouse Cooper audit on Caf’s finances between 2017 and 2019.
The 55-page report allegedly includes evidence of “potential elements of mismanagement” and “possible abuse of power”, and claims that the organisations accounting records are “unreliable and not trustworthy.”
Caf have now issued a strong defence to the allegations, and vowed not to let the mismanagement or the past or “misleading reports in some media” derail their ongoing quest for reform.