Soccer-Australia to ask CONCACAF about 'misappropriated' funds
MELBOURNE, April 20
MELBOURNE, April 20 (Reuters) - Australian soccer authorities will ask CONCACAF for a formal briefing as to the fate of over $400,000 earmarked for a stadium in Trinidad but which is alleged to have been misappropriated by the regional body's former president, Jack Warner.
CONCACAF's integrity committee released a detailed report on Friday which accused Warner and former general secretary Chuck Blazer of fraud and financial mismanagement.
CONCACAF is the governing body for soccer in North and Central America and the Caribbean.
As part of its findings, the committee reported that Warner had misused funds provided by Football Federation Australia (FFA) to support the upgrade of a stadium in Port of Spain, Trinidad.
"The evidence reviewed by the Committee also shows that Warner obtained through fraud and then misappropriated $462,200 provided to CONCACAF by Football Federation Australia ("FFA") in 2010," the report said.
The stadium was part of the Joao Havelange Centre of Excellence in which CONCACAF invested $25.9 million, which included loans from FIFA, but was found by the report to have been built on lands privately owned by Warner and not by the confederation.
The FFA said they had assisted CONCACAF in their investigation but had only "just been drawn to this area of the report".
"FFA ... looks forward to hearing formally from CONCACAF on its findings and taking the matter from there," the governing body said in a statement emailed to Reuters on Saturday.
The FFA said the funding related to "mandatory" World Cup bidding criteria and was intended to demonstrate their credentials in the area of international development.
"This was one of a range of international development projects FFA undertook, which were fully reported to the Australian government as part of its bid reporting processes."
Australia spent more than A$45 million of taxpayer funds on its ill-fated bid for the 2018 World Cup won by Qatar, splashing large sums on overseas soccer development projects, but was eliminated in the first round after garnering only a single vote from FIFA's executive committee.
David Simmons, a former Barbados chief justice, said the Centre of Excellence was no longer an asset of CONCACAF, but the regional body was looking into legal options.
Warner, who stepped down from his soccer functions two years ago and is Minister of National Security in the Trinidad and Tobago government, dismissed the report as "baseless" in a statement. (Editing by Peter Rutherford)
- Tweet this
- Share this
- Digg this
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.