Osei Palmer slammed the Ghana Football Association for presenting what he describes as an “expired budget” to the 26th Ordinary Congress that is slated for September 1.
According to the football administrator, this practice is against the laws of Ghana and the statutes of the GFA.
The Tema Youth bankroller indicated that this is not only against the statutes of the governing body of football in the country but also it is not in line with the Company’s Act of Ghana.
Speaking to local radio station Fox FM Osei Palmer said that
“We have to state this on record that they are breaching the statutes of the association,”
“They did a budget that reflects October 2019 to June 2020 and we are in August 2020. How can you present an expired budget to anybody. This is not done anywhere,” he added.
“How can they (GFA) do that. They have already spent the money and so all you have to do is call for the accounts to be audited. The format of the budget is not even acceptable. This is not even a budget. It is wrong. It is an estimate,”
“The GFA is saying that the audited accounts is not ready but have you ever heard of any company that goes to annual general meeting without audited accounts,” he asked.
“Per Article 50 – 157 of the Company’s Act 992, 2019 that makes it clear that no congress can be held without laying the financial statement of that particular company for the members of that company to deliberate on. But the GFA says we should go to Congress without audited financial accounts. How is this even possible,” he concluded.