The former Minister of Youth and Sports, Mr. Edwin Nii Lantey Vanderpuye, has raised concerns over the whereabouts of the prize money for Ghana’s participation in the 2017 African Cup on Nations (AFCON) in Gabon.
The former minister who doubles as a legislator for the Odododiodio Constituency, said this during the review on the 2018 budgetary allocation for sports on the floor of parliament.
He said, he was surprised that the 2018 budget did not capture the AFCON money as cash in flow for the Youth and Sports ministry.
He said he was concerned about the money and demanded answers for the whereabouts of the money and what the money had been used for.
“Budget is an indication of expenditure and receivables. The ministry has just taken hold of the prize money of Ghana’s participation in AFCON 2017. In the budget I was expecting that, I would see that either in the ITF or receivables but nothing. I ask where is that money, what has it been used for?” the minister enquired.
Ghana placed fourth at the 2017 AFCON in Gabon is estimated to have taken home not less $750,000 as prize money.
Source: GNA
