– rebukes ‘misleading’ Guyana Chronicle article
In a statement on Thursday evening, the Guyana Football Federation (GFF) denied that $45.7M is missing following the 2016 Financial Statement which was done by auditors Ram and McRae.
GFF President Wayne Forde
The statement read; “the Guyana Football Federation (GFF) wishes to categorically and equivocally state that the article titled ‘GFF’s 2016 Financial Statements Reveal 45.7M Unaccounted Debts and Income Claims’ published in the Guyana Chronicle is misleading.”
According to GFF, the article, which appeared in the December 14, 2017 edition of the newspaper, set out to mislead the public by giving the impression that funds/monies have gone missing. “No funds are missing.”
The qualification on the audited financial statements is a consequence of procedural issues.
Many of the procedural errors that have contributed to the qualification have been addressed with continuous improvement of the financial systems and controls being implemented.
The audited financial report will be presented to the members at the Extraordinary Congress scheduled for Saturday, 16th December, during which all pertinent explanations will be given
The statement from the federation concluded by saying; “Following this, the audited financial information will be shared with the general public. The President and Executive Committee remain steadfast to its campaign slogan of transparency and accountability and avail itself to answer any questions or clarify any matter that the GFF members or members of the public may have relative to the GFF’s 2016 account.”
