World's athletic governing body IAAF has written off debts owed by Kenya and resumed its financial assistance to its affiliate body in the east African nation.
Athletics Kenya (AK) chairman Isaiah Kiplagat said the International Association of Athletics Federations (IAAF) has waived the 6.3 million shillings (about 95,000 U.S. dollars) owed to it by the Local Organizing Committee (LOC) from this year's World Cross country Championships that was held in Mombasa.
Kiplagat also said the world athletic body has cleared the supervision and South Africa doping laboratory debts.
"IAAF has written off the money owed to them from Mombasa and they have also cleared payment for supervision and the South Africa laboratory. Consequently, they have resumed their assistance and we have already received our funds," said Kiplagat said in a statement received here Tuesday.
He absolved the AK from alleged misappropriation of funds, saying the funds were handled by the accounting officers and government officials.
Six months after the successful World Cross Country Championships in Mombasa and just three weeks after alleged reports that IAAF had frozen their accounts due to failure to remit their audited accounts, Kiplagat said it was the government and the local organizing committee who controlled the funds.
The world body suspended assistance to Kenya a fortnight ago over failure for by the LOC to provide its edited accounts for the World event as well clearing the amount owed to it.
"If there are any bills pending or money owed to local suppliers, they should be passed to the ministry for payment," said Kiplagat. The government, he said had been the main financiers of the event supplemented by the national sponsors adding that its officials would be better placed to give details of how it was used.
The world's athletic body gives AK a yearly grant of 1 million shillings (15,000 dollars) for administrative purposes as well as reimbursing the association 50 percent of total cost of air travel incurred for transporting teams to world events.
Source: Xinhua
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