PSB to ask PBF how its grant was spent

KARACHI: Pakistan Sports  Board (PSB) is expected towrite  to Pakistan Boxing Federation  (PBF) about the grant which the  Board had released to the federation  in June 2012, a highly reliable  source in the Board told  ‘The News’.  The Board gave PBF Rs9million  as a special grant just before  the closing of the financial year  2012. The Board wants to know  where the federation spent the  money.  The source said that the  amount had been withdrawn  from the bank despite PSB’s instructions  that it would not be  withdrawn without informing  the Board.  Another source said that during  PBF elections on December  20, 2012, in Lahore, the general  council had asked the federation  to present the audited accounts  report of the last four years.  But, a source privy to the development,  said that the details  had not been presented by the  federation,which spoilt the electoral  meeting.  On January 26 this year, a  newPBF setup came into power  as a result of elections.  The PSB will write to the  same federation and it is not yet  known how Khalid Mehmoodled  PBF will respond to this.  Doda Khan Bhutto was the  PBF president when the amount  was withdrawn.  Doda has now been elected  as chairman of the PBF.  The source said that unless  this issue was resolved the PSB  would not financially support the  PBF. For the past four years, the  PBFwas on the hit list of the PSB  because it had not implemented  the national sports policy.  However, it is expected that  the PBF under Khalid will restore  working relations with the  PSB which is providing funds  and infrastructure for training to  federations.