The accounting records of the Confederation of African Football (CAF) have been described as “unreliable and not trustworthy” after an independent audit, it has been reported.
A review of the troubled organisation was made by PricewaterhouseCoopers (PWC) with their findings seen by Reuters.
According to the news agency, a “series of concerns” have been listed over 55 pages.
The findings come after FIFA announced earlier this month that its “six-month mission” to reform African football had been “successfully completed”.
In a statement the world governing body acknowledged the PWC report alongside a series of recommendations, but the document has not been made public.
“The accounting records of CAF are unreliable and not trustworthy,” the report reads, according to Reuters.
“Based upon the procedures performed and documents reviewed, several red flags, potential elements of mismanagement and possible abuse of power were found in key areas of finance and operations of CAF.
“Given the serious nature of certain findings and red flags identified from the preliminary due-diligence, we cannot rule out the possibility of potential irregularities.”
The report claims that many transactions were made with cash, which would not leave an audit trail.
BBC Sport has reported that a 2017 deal with Tactical Steel is of particular interest, as it is allegedly worth four times as much as an arrangement cancelled with sportswear giant Puma.
An associate of CAF President AHMAD, who has denied wrongdoing, has alleged links to Tactical Steel.
Payments between CAF and French media company Lagardere, and the distribution of money from the FIFA development fund, have also been highlighted.
The possible mismanagement of the CAF Centre of Excellence in Cameroon is another issue, BBC Sport said.
FIFA effectively took over control of the CAF in July following a series of allegations levelled at AHMAD, who is from Madagascar.
Secretary general FATMA SAMOURA was placed in charge of a group overseeing day-to-day operations by FIFA President GIANNI INFANTINO.
AHMAD, who goes by one name, was arrested over corruption charges in Paris in June and has also been accused of sexual harassment.
He has been subject to investigation by FIFA’s Ethics Committee but has not faced suspension.
