BFA moves to recover P500, 000 owed by officials
Friday, September 14, 2018
The BFA is going after debtors to recover around P500, 000 PIC: MORERI SEJAKGOMO
The new FIFA administration, under Gianni Infantino, has set stringent accounting measures in a bid to curb financial maladministration. The BFA is owed more than P500, 000 by its present and past staff, including committee members.
“It is true, we are on a debt recovery process in a bid to bring back what belongs to the association. It involves a lot of people,” BFA marketing and public relations officer, Tumo Mpatane said.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...