African football’s governing body found to have $16m in expenses missing from accounts
Auditors’ review said to have shown missing expensesIt would put losses for year to 30 June 2023 at $25.4m
The Confederation of African Football’s audit and compliance committee has claimed that more than $16m of “unrecognised expenses” were not included in official accounts, meaning it should have posted losses of more than $25m.
A letter sent to members of Caf’s executive committee last Saturday and seen by the Guardian alleges that its review of a report compiled by the external auditors EY had revealed the apparent discrepancy in the accounts for the year ending 30 June 2023.
