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American news agency Associated Press (AP) obtained a copy of the African Football Confederation (CAF) private forensic review, undertaken by financial services company PwC, on Saturday.
The audit unearthed the financial wrongdoings of «the continent’s governing body that raises concerns about the legitimacy of millions of dollars of payments to executives and national associations», AP revealed.
The report covers the period 2015-2019, that is to say the time when the CAF was chaired by Issa Hayatou as well as his successor Ahmad Ahmad, who remains in power despite an ongoing ethical investigation preceding this audit.
PwC found that $ 4.6 million on 14 payments had «little or no audit trail to verify if the cash has been spent legitimately or not» in some cases.
«Based upon the procedures performed and documents reviewed, several red flags, potential elements of mismanagement and possible abuse of power were found in key areas of finance and operations of CAF», the PwC auditors said in the report.
The report also revealed that CAF had paid for the costs of 18 people, including its president and the heads of federations, for pilgrimages in Saudi Arabia.
Ahmad Ahmad, like FIFA, was contacted by the AP but declined to comment on the audit findings.
