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GFA legacy debts: Nana Fitz implores gov’t to set up an independent body to audit GFA accounts

by Vincent Ashitey
2020-05-06
in Sports
Nana Fitz

Nana Fitz

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Veteran football administrator, Nana Fitz has implored government to set up an independent body to audit the accounts of the Ghana Football Association (GFA).

His comment comes on the back of a report in with revealed that the GFA has a legacy debt of GHS 12.8million.

In the said report, a debt of $180,000 owed to former Black Stars coach, Kwasi Appiah as outstanding salaries and bonuses.

But the outspoken administrator argued that government is in charge of paying Black Stars coach so why did the GFA captured the said amount in their documents.

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“The FA legacy debt is completely fraud,” he told Happy FM.

“Why is the Ghana Football Association now telling us that they owe such amount?

“Kurt Okraku was part of the past administration and an Executive Committee member so why is he now telling us this now? Are they hiding something from us?

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“I am calling on the government to set up an independent body to audit the accounts of the GFA because government is in charge of paying Black Stars coach so why have the FA captured $180,000 as a debt they must pay to Kwesi Appiah?

“It does not sound right to me. The FA needs to come clean because I don’t believe what they are telling the public,” he added.

The current GFA administration which is Kurt Okraku’s led administration last week disclosed to club executives that they inherited a debt of over GH¢11million.

In a document titled “Legacy Debts” prepared and presented to clubs by the current GFA administration revealed the association is in debt of GHS 11 million.

The legacy debt, divided into dollar and cedi components, is made up of $470,700.00 (GHS 2,730,060) and GHS 10,079,440.00.

The GFA also mentioned West Head, an agency that claimed to have brokered the deal between the FA and GNPC leading to a court battle, as one of the institutions they owe. The amount to be paid as the commission is $1.4 million.

For the current broadcast rights holder, StarTimes, the amount owed them was left blank.

A further breakdown of the debt reveals the GFA owes debt to one Kizito Beyuo ($35,000), the arbitrator of the GFA and GLO impasse; former Black Stars coach, Kwasi Appiah ($180,000); two vehicles purchased in 2017 ($100,000); the land on which the GFA secretariat is cited (GHS 450,000); and many others.

Tags: GFAGhana newsNana Fitzgeraldy Bakers Wood
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