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
-
Samini thrills fans at the 2025 Samini Xperience concert
13 minutes -
Ghana EXIM Bank repositioned to reduce import bill on rice, poultry – CEO assures
18 minutes -
Photos: Hundreds turn out for Joy FM’s 2025 family party in the park
57 minutes -
Volta Regional House of Chiefs renew call on Immigration to remove inland barriers at Sogakope, Asikuma
1 hour -
Police Christmas special operation: 27 suspects rounded up in Savannah Region
1 hour -
Seven hospitalised after gunshots disrupt jummah prayers in Ho
1 hour -
70 mothers receive Christmas hampers from MTN after delivering at KATH
2 hours -
Let’s prove our readiness power through deeds, not words – Afenyo-Markin to NPP faithful
2 hours -
Stonebwoy brings the house down at BHIM Festival 2025
2 hours -
Development flourishes where peace and cooperation prevail – Roads MinisterÂ
2 hours -
Children enjoy a day of fun and laughter at Joy FM’s Party in the Park 2025
2 hours -
Joy FM Party in the Park 2025: Shakers Royal Band ignites excitement
2 hours -
MTN Ghana hands over hampers to 25 newly born ‘bronya’ babies at Cape Coast Hospital
3 hours -
Kwanpa Band thrills patrons as Joy FM Family Party in the Park
3 hours -
Lawyer arraigned over alleged GH¢800k excavator fraud
3 hours
