FIFA lifts restricted financing on BFF

FIFA lifted restricted financing on Bangladesh Football Federation on Friday, six years after football's world governing body imposed the restrictions over lack of financial transparency and expenditure of FIFA money outside of specific sectors.
"After six years, the BFF has come out of the restricted financing from FIFA, which just informed us of the development today," BFF president Tabith Awal told The Daily Star.
"We have been able to do it in four months, something that was not done in past," said Tabith, who was elected as BFF president in October last year. After becoming the BFF president, Tabith met with FIFA president once and AFC president twice; he even visited FIFA and AFC headquarters to bring forward the visit of FIFA's audit team.
FIFA usually allocates US$1.25 lakh per year to member nations in two or three instalments but it had allocated the same amount to BFF in 12 allotments each year over the last six years.
"Now BFF can apply for special projects to FIFA and run its activities smoothly," Tabith added.
Comments