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SRC Speaks On Leaked ZIFA Audit Report

SRC Speaks On Leaked ZIFA Audit Report

The Sports and Recreation Commission (SRC) has urged football stakeholders to wait for the official ZIFA forensic report which is set to be signed off “shortly” by the auditors.

This comes after a draft ZIFA Audit Report done by BDO Zimbabwe Chartered Accountants was recently leaked on social media.

The partial audit, which covers the period between December 1, 2018, and November 21, 2021, revealed that almost US$2 million and $112 million were spent in a manner deemed improper.

In a statement, the SRC called on football stakeholders and the public to wait until the report is presented to the ZIFA Congress at the end of this month. SRC said:

There are certainly very significant sums of money received by ZIFA that cannot be accounted for during the review period of 1st December 2018 to 30th November 2021.

The auditors have not signed off on the draft forensic audit report. They will do so shortly.

The ZIFA Audit Report, once formally and procedurally presented to the restructuring committee that commissioned it, is ultimately intended for the benefit of the members of ZIFA to consider during their general meeting slated for the end of October 2022.

Accordingly, we advise stakeholders and the public alike to exercise reasonable caution in drawing any conclusions at this point.

According to the leaked report, the ZIFA executive committee led by Felton Kamambo received US$100 000 in unexplained payouts.

Suspended ZIFA president Kamambo got US$20 000, the board member finance who assumed the vice-president’s role Philemon Machana received US$18 000 while the other four board members Farai Jere, Sugar Chagonda, Chikosi and Bryton Malandule each got US$15 500. | B-Metro

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