Allegations of misused funds without approved audits at AGM
In a strongly-worded letter to All India Football Federation (AIFF) president Kalyan Chaubey, Goa Football Association president Caitano Fernandes questioned the approval process for the audited accounts of the last financial year, emphasising that such crucial financial matters should be presented and discussed during the Annual General Meeting (AGM) before being approved for use. Caitano expressed deep concern over the prolonged delay in organising the AIFF AGM since December 2023. The letter, in possession with The Bridge, also signed by the elected executive committee members of the Goa FA, underscored the perception that AIFF has neglected its fundamental statutory responsibilities. The letter reads, “We would like to understand how were the audited accounts of the last financial year approved without placing them for the Annual General Meeting. I don’t know how you’re going to explain away this incompetency.” Caitano also extended a plea to other member associations, urging them not to overlook essential statutory obligations such as holding the AGM. The letter also stated that the horrible performance of the Indian men’s senior national team …