I think it is useful to specify that the last subsidy granted by the public authorities for the functioning of ...
The President of the Algeria IOC member and ANOCA President has reacted to the ban placed on him on claims of corruption which does not allow him to leave Algeria. His reaction to the ban which was contained in a statement which he issued following the ban reads:
Reports of a ban on leaving the national territory concerning me were disseminated by the press for the squandering of public funds. I bring to the attention of public opinion that no notification or information has been sent to me to date. In addition, the COA operates according to the provisions of Algerian law in accordance with the Olympic Charter. as such, all its decisions and actions are initiated in strict compliance with the statutory and regulatory provisions after approval by the executive committee and the general assembly, supreme sovereign bodyits management is collegial and participative.
It is recalled that all operations related to the moral and financial balance sheet are audited and subject to the approval of an approved statutory auditor. the moral and financial reports were sent to all members and to the competent authorities at the time and were approved unanimously at the statutory general meeting.
I think it is useful to specify that the last subsidy granted by the public authorities for the functioning of the COA dates back to 2013.
The only funds granted were for reimbursement of expenses incurred by the COA or when financing operations linked to Algerian participation in various international sporting events.
These are checked jointly before and after the operations and have been the subject of reports with the structures concerned. no anomaly or accounting, financial or budgetary violation has ever been reported. The COA and I remain at the disposal of the competent bodies and of the Algerian justice for all the necessary clarifications.