“Where Did You Get The Money,” FIFA Concerned Over ZIFA’s Governance Practices

FIFA has expressed concern over ZIFA’s disbursement of a coronavirus relief package to the Zimbabwe Women’s Soccer League and Division One regions before the world football motherboard released the funds.

The disbursement came days after FIFA had announced that it had set aside US$1,5 billion that will be distributed to all its 211-member associations, with each getting US$1,5 million and African associations getting an extra US$300 000 from Caf.

In response to the development, a FIFA official said:


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Fifa is now particularly interested in knowing where your association got the money from and why they rushed to disburse the funds.

It was and remains unprocedural and not to mention the fact that it tramples on the dictates of good corporate governance and we now wonder if this is the only example of failure to practice good corporate governance or there is more of such acts which Fifa obviously frowns at.
Zifa executive committee member in charge of finance Philemon Machana told Sunday News that they used part of the US$500 000 Fifa Forward Funds and US$200 000 annual grant from Caf and will replace the money once they receive the Covid-19 relief funds from the world and continental football governing bodies.
More: Chronicle

 

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“Where Did You Get The Money,” FIFA Concerned Over ZIFA’s Governance Practices