Pakistan crew celebrates scoring a objective throughout Asian Champions Trophy match towards China on September 12, 2024. — Asian Hockey Federation/Fb/File
ISLAMABAD: The Pakistan Hockey Federation (PHF) has been vocal about its monetary constraints hindering participation in worldwide competitions.
Nonetheless, in accordance with a letter from the PHF itself, the federation holds a financial institution stability amounting to tens of millions of rupees.
Dependable sources point out that the PHF requested authorities funds to cowl bills totalling $51,296 for lodging at a lodge in Kuala Lumpur throughout the “FIH Hockey Men’s Nations Cup 2025.” This request was made regardless of the federation’s substantial financial institution reserves.
In response, the Pakistan Sports activities Board (PSB) took the initiative to rearrange air tickets for the nationwide crew’s participation within the occasion solely.
In a while, PHF knowledgeable the Pakistan Sports activities Board that it has required funds for lodge lodging in its account, looking for NOC for remitting the overseas forex for the stated cost from the Finance Ministry and State Financial institution of Pakistan.
It is noteworthy that over the previous two years, the PSB has disbursed a big sum of Rs119.667 million to the PHF.
Sources in PSB said that regardless of a number of written reminders, the federation has didn’t submit any auditable monetary accounts. Consequently, in a board assembly held in December 2024, the PSB determined to withhold any further funding till the PHF ensures monetary transparency.
Sources reveal that the PSB has compiled an in depth report on the matter and forwarded it to the Ministry of Inter-Provincial Coordination for additional high-level deliberation.
When contacted DG PSB Yasir Pirzada, he refused to touch upon PHF affairs, nevertheless, he stated that the PSB had determined that now onward solely these federations which is able to present full particulars of audited account can be supplied funding.
“We have linked funding with the performance of federations and audit of already provided funds. No new funds will be released for any federation until the record of previously allocated funds is provided,” he stated.
The earlier federation confronted critical corruption allegations that resulted within the initiation of an inquiry by the Federal Investigation Company (FIA).
In February this yr, a bunch of Olympians demanded the federal authorities to pursue the FIA inquiry for a logical conclusion.
Olympian Nasir Ali, Ayaz Mahmood, Khalid Bashir, Kaleemullah and others throughout their press speak in Islamabad in February demanded an early conclusion of the probe by FIA.
The Olympians claimed that PHF from yr 2008 to 2024 obtained extra funds than the fund it obtained from 1947 to 2008. FIA is probing 113 audit paras of PHF value Rs1.25 billion.
