×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Sh125million question FKF won’t answer

Football Kenya Federation President Nick Mwendwa when he appeared before the Senate Committee on Labour and Social Welfare in Parliament, Nairobi on November 4, 2021 [David Njaaga, Standard]

It is official. The Sh125million Fifa Forward funds the Football Kenya Federation (FKF) paid to WTS Media Group Ltd for a phantom OB van has disappeared into a black hole.

In a letter to creditors seen by Standard Sports, the receiver managers BDO LLP communicated the chilling truth to FKF thus: “We received a claim from you for the total of £928,508.65. As discussed, there were insufficient realisations made to enable a distribution to unsecured creditors in the Administration.”

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902