Trending News
A-G's report reveals 'missing' GHS 10 million stadium funds at National Sports Authority
A-G's report reveals 'missing' GHS 10 million stadium funds at National Sports Authority

A-G’s report reveals GHS 10 million stadium funds ‘missing’ at National Sports Authority

Spread the love

An audit carried out by the Auditor General has revealed that an amount of GHS 10,683,044 was not accounted for by the National Sports Authority (NSA).

According to happyghana.com, the A-G’s report revealed that the ‘missing’ funds were Internally Generated Funds (IGF) from the Accra Sports Stadium and the Baba Yara Sports Stadium for the year 2015/16 and 2012/13 respectively.

It further stated at the Ministry of Youth and Sports the audit was carried out from August 2017 while the National Sports Authority covered a period between 2012 and 2018.

The report saw a total sum of GHS 10,683,044 generated from the Accra Sports Stadium, Baba Yara Sports Stadium, Essipong, Cape Coast, and Tamale Sports Stadium though there were no revenue targets or strategies in place.

Lawrence Ayagiba, Assistant Auditor General for Performance and Special Audit in revealed in an interview with Accra-based Happy FM that the action was carried out due to media reports on the bad state of the various stadiums in the country.

“The audit was to find out whether the Ministry of Youth and Sports (MoYS) and the National Sports Authority (NSA) have carried out their oversight responsibilities and implemented measures to ensure the physical and financial sustainability of sports stadia”

“The NSA does not have any document on their internal generated funds for the years which have been stated in the report”, he told Happy FM’s Ohene-Bampoe Brenya.

The reports further revealed there were no documents or tenancy agreement between the NSA and tenants who occupy the various shops at the stadium facility.

PropellerAds

About Richard Korley

Accountant | Blogger/ Founder of Press Sports Ghana | Formerly a presenter with Volta Premier FM, Ho. Sports fan by default. I aspire to write

Check Also

Karela’s Abugri plays down impact of Keyekeh move to Kotoko

Spread the love Assistant coach of Karela United Stephen Abugri is optimistic the club will …

Leave a Reply

Your email address will not be published. Required fields are marked *

x
error: Content is protected !!
%d bloggers like this: