Athletics is a sport renowned for speed among others. But that is not the case with Athletics Association of Malawi (AAM) officials, who have been slow to find their feet to present financial reports dating back to 2017 to Malawi National Council of Sports [MNCS].
AAM executive committee has twice failed to meet the deadline, having asked for an extension.
Sources said after failing to submit the report last year, AAM first asked for December 15 2020 deadline before asking for an extension to January 15 2021 but they missed it too.
“It is difficult to understand because this issue started two or three years ago. As concerned parties we requested the council [MNCS] to investigate the matter. Up to now, our officials have been failing to submit financial reports with supporting documents, which is an indication that some irregular transactions took place,” said the source.
AAM General Secretary Frank Chitembeya said, being volunteers, they were working slowly to trace all the records to present a detailed financial report.
“We were operating without a secretariat and as such, record keeping was a hustle. We are trying to comply with the order to submit the report. Of course, we have delayed but, as of now, we have finalised 2018 and 2019 details. We are now working on the year 2017 and hopefully we will finalise soon,” he said.
MNCS acting Executive Secretary Henry Mereka said they were running short of patience, having given AAM numerous chances.
“We had a meeting with Moc [Malawi Olympic Committee] and them [AAM] where they asked for a deadline to be extended to 10 December 2020. Then they missed and asked for 15 January 2021 deadline which they have failed to beat again, ” he said.
Mereka said they will soon meet to plan on their next course of action.
“It is pathetic that we have not been given any update,” he said.
Last year in March, this paper wrote that an internal audit by MNCS exposed financial mismanagement at AAM, where over K50 million was uncounted for from 2017 to 2018.
The report revealed that the athletics body failed to provide documents for their expenditure in the years in question.
According to an audit report, a total of K32,216,300 was unaccounted for in 2017.
In addition, the report indicated that the association does not maintain a record of its income.