Audio By Carbonatix
Former Finance Committee Chairman of the Ghana Football Association (GFA), Osei Palmer, has questioned the source of funding for the acquisition of pick-up vehicles for Regional Football Associations (RFAs).
President Kurt Okraku revealed about two weeks ago that the football governing body will buy ten new pick-up trucks for the RFAs to replace the current ones.
However, the expenditure for the purchase of the trucks has not been spelled out in the financial statement of the association for the financial year.
"Take a look at the budget," he began. "There was no capital expenditure budget yet you say you are going to acquire pick-ups [vehicles] and give them to the RFAs, where is it in the budget? They should show me!
"You say you are going to construct a whole technical centre, make it anew, change the scope at Ghanaman [Soccer Centre of Excellence], where is it sitting in the budget?
"Nothing on capital expenditure, so if this is not a campaign, what else can you term it? It is surely a campaign," he stated.
Palmer who chaired the finance committee of the FA for seven years explained that "look at their budget...in budgets, we have budgeting and budgetary control, the process of budgeting is different from budgetary control.
"You don’t have to wait till the end of the year for you to know your budget will not materialize. So what is usually done is that, there is a cash flow statement and compartmentalise it into quarters or into months so that by the end of the month, the finance committee can meet and see if they are meeting targets so there should be an avenue for the budget to be reviewed but they have lumped everything.
"If they knew what they are doing, they would be able to tell us how they are going to fund these campaign promises he keeps making."
Latest Stories
-
AI tool helps Ghanaian farmers identify crop threats from field observations
4 minutes -
NEIP: Designing a Ghana Startup Agency that builds enterprises, not programmes
10 minutes -
Breast cancer diagnosis is not a life sentence – Gender Minister urges early treatment
12 minutes -
‘How does a bad settlement translate into criminality?’ – Atta Akyea questions EOCO
18 minutes -
Foreign Affairs Ministry launches ‘ECOWAS for All’ campaign to boost public awareness
26 minutes -
Baffour Awuah’s EOCO questioning centred on SIC matter – Bosome Freho MP
29 minutes -
Kwaku Bonsam appeals to Mahama, Ablakwa to facilitate his US travel for skin graft; says he’ll fund it
43 minutes -
Baffour Awuah arrested after surrendering to EOCO
45 minutes -
Baffour Awuah cooperating with investigators after surrender and arrest – EOCO
1 hour -
Destruction of aspirants’ posters breaches democracy—Ashanti NPP Communications Director
1 hour -
BNI investigates Ampofo Ankrah over alleged $623,000 World Cup visa scheme
1 hour -
GoldBod’s $1.87bn boost strengthens Ghana’s path beyond IMF support – Institute of Fiscal Policy Research
1 hour -
NPP National Delegates Conference: Police announce road closures, diversions around Baba Yara Stadium
2 hours -
Agric Committee demands financing plan for Pwalugu Irrigation Project before 2027 Budget
2 hours -
Minority calls for the immediate suspension of Ghana-Colombia maritime agreement
2 hours