Fifa Suspends Grant To Gabon

Fifa has decided to suspend its annual funding to Gabon Football Federation (Fegafoot) until officials justify how previous grants were spent, an official statement in Libreville said during the weekend.
An audit ordered by the world football governing body last month revealed a deficit of 50 million francs cfa ($100,000, R983,000) in the management of funds allocated to the football body of the central African nation.
During the year 2012, according to the report from French audit firm KPMG, Fegafoot did not open a special bank account for credit and flow of funds and the records kept by the FA does not allow any distinguishing between operations financed.
Also, the report indicates that permanent staff of the Fegafoot have neither a contract of employment or payslips and tax contributions and related social contributions were not paid.
Fifa has given the body up till end of July to provide a detailed report of how funds were utilised