GFA to pay Nyantakyi's GHS 2.4million FIFA fine if he defaults

GFA to pay Nyantakyi's GHS 2.4million FIFA fine if he defaults

The fine imposed on Kwesi Nyantakyi by FIFA could be transferred to the Ghana Football Association (GFA) should he fail to cough up the money.

Nyantakyi has been in the news in the past few days after he was banned and also fined for breaching three of FIFA’s Code of Ethics.

The world’s football governing body released a statement on Tuesday announcing that the Wa All Stars owner has been banned from all football related activities for life.

GFA to pay Nyantakyi's GHS 2.4million FIFA fine if he defaults

Embattled former GFA president, Kwesi Nyantakyi. Source: Supplied.

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In addition, the lawyer and football administrator has also been fined an amount of CHF 500,000 (GH₡2.4million) by FIFA.

This comes after Nyantakyi was captured receiving a “cash gift” to compromise his position in an exposé by ace investigative journalist Anas Aremeyaw Anas.

One thing that has generated a lot of controversy is the hefty fine imposed on Nyantakyi and what could possibly happen should he fail to pay.

Since the ban was announced, many have suggested that the former GFA should not pay the fine since he has nothing to lose following the lifetime ban.

However, FIFA’s Disciplinary codes state that should be fail to pay, then the GFA will be forced to cough up the money.

Per Article 15 (4) of the FIFA Disciplinary Code 2017 edition, the GFA may be jointly liable for Nyantakyi’s fine even though he has resigned his role as the head of the Association.

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Meanwhile, Nyantakyi has described his ban and the CHF 500,000 (GH₡2.4million) as “harsh”, insisting he will challenge the ruling.

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READ ALSO: 2 scandals Ghanaians will remember Kwesi Nyantakyi for

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Source: Yen.com.gh

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