IAAF acknowledges refund of $130,000 from Nigeria

The International Association of Athletics Federation (IAAF), has acknowledged receipt of the full payment of $130,000, being grants over payment it erroneously made to the Athletes Federation of Nigeria (AFN).

The IAAF had mistakenly paid the money into the AFN’s account two years ago, overpaying an annual grant it pays to member Federations.

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In a letter to the Minister of Youth and Sports Development Mr. Sunday Dare, the World Athletics body wrote;

“On behalf of President Coe, we acknowledge receipt and thank you for the balance of $65,000 which you recently transferred to World Athletics.

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“We confirm that you have now paid us back in full the overpayment of $130,000 which had been made in error in May 2017.

We are extremely grateful for your cooperation in this affair.”

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The Minister of Youth and Sports Development in October, approved funds to repay the IAAF, for the excess fund the World Athletics body mistakenly transferred to Nigeria.

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