TRINIDAD and Tobago Football Association (TTFA) board member Keith Look Loy has claimed there will be questions for the association to answer after an audit of the finances of the Home of Football project has revealed a shortfall of US$2.3m (TT$16m).
According to reports, the discrepancy stems from the number of contracts currently at the association’s headquarters and the budget for the controversial project.
Look Loy had turned to the High Court after failing to get the requested information from the association. The court ruled in his favour and order the TTFA to furnish Look Loy with the TTFA ledger for the period of November 2015 to present and contributions of FIFA, TTFA and the government for the Home of Football.
The TTFA was also ordered to hand over the overall budget for the names of all bidding companies or parties in connection with the project, the TTFA personnel who selected contractors and sub-contractors for the project and the name of the project manager; the names of contractors and sub-contractors engaged; the quantum, duration and terms of all contractors associated with the project and the current financial and construction status of the project.
According to Look Loy, the results were surprising.
“When I added up the quantum of what was stated in the contracts, the grand total was TT$3.189 million; but the grand total of the FIFA contribution for the Home of Football was US$2.75 million or TT$19.25 million,” Look Loy told Wired868.com.
“So I don’t know how they plan to explain that shortfall, but the gap is over $16 million!”
According to the online publication, TTFA president David John Williams or any other members of the organisation is yet to respond to queries surrounding the allegations.