ICPC arrest AFN Secretary General Akawu over missing $130,000 IAAF funds

ICPC arrest AFN Secretary General Akawu over missing $130,000 IAAF funds

- ICPC arrest AFN Secretary General Ameachi Akwau for missing $130,000 IAAF funds

- The IAAF mistakenly credited AFN's account with $150,000 instead of $20,000

- ICPC claims Akawu spent the entire money for an athletics event in Delta state in 2017

Independent Corrupt Practices and Other Related Offences Commission (ICPC) have arrested Secretary General of the Athletics Federation of Nigeria (AFN), Amaechi Akawu over allegations of misappropriation of $130,000 belonging to the IAAF.

Akawu was detained on Tuesday, October 22, but was released on the same day to help submit vital documents for investigations.

A petition was sent to the commission that $130, 000 was mistakenly paid into the account of AFN's account by IAAF in 2017.

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The IAAF volunteered to give the AFN $20,000 for the successful hosting of the CAA Grand Prix Competition in Delta State in 2017, but mistakenly credited their account with $150,000.

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But secretary general of the AFN claimed it had spent the entire money to host the athletics event held in July 2017.

The ICPC released details of several transactions made by the Akawu moments after the money was paid into the AFN's account.

And the commission also found out Akawu acted without permission of the AFN board and got several approvals for the release of the money from former Sports Minister Solomon Dalung.

Akawu requested and got approval for the release of N30.4million, N4.9m and $20,000 all in the month of July, 2017 as expenses for the competition.

The sum of N9.5m was also requested in the same period, but he got N5m approved by the then permanent secretary.

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The Nigerian international was adjudged to have fouled Mahamadou-Naby Sarr in the penalty in the 90th minute while the Baggies were coasting to a 2-1 win.

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Source: Legit

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