Bangladesh Football Federation held a meeting with FIFA on financial governance today, 06 April 2021 from 1.30 pm to 2.30 pm. Officials of FIFA Members Association Department, Finance Department and Compliance Department, on behalf of FIFA and on behalf of BFF, Senior Vice President of BFF and Honorary Chairman of Finance Committee Mr. Abdus Salam Murshedy-MP, BFF General Secretary Mr. Md. Abu Nayeem Shohag and other officials of Finance department of BFF participated there.
In the meeting, FIFA requested to ensure greater transparency, impartiality and accountability in BFF's financial activities and BFF demanded to speed up the running programs to implement the Standard Procedure of related issues. At the same time, it was decided to formulate a written policy on BFF's Purchase Policy, Tendering Method, Payment Procedure etc. which will play a positive role in the future release of FIFA Forward Project Fund in favor of BFF.
At the meeting, special mention was made of the letter of appreciation from the AFC for BFF's financial activities at the beginning of 2021.
It was decided at the meeting that FIFA would work closely with BFF to ensure smooth implementation of ongoing issues by May 2021 and that FIFA's consultants would assist BFF in achieving specific targets within a specified time frame.
At the end of the meeting, FIFA's Covid Relief Fund was asked to release in favor of BFF as soon as possible. At the same time, it was unanimously decided that the operational funds provided by FIFA in favor of BFF would be disbursed on various installments / monthly basis.
All concerned will be informed about the relevant issues from time to time.