KUALA LUMPUR: The Football Association of Malaysia (FAM) has submitted an official letter to the Sports Commissioner (PJS) yesterday, to provide a complete explanation regarding the confusion regarding the presentation of FAM’s financial statements and budget, which was raised during the First FAM Extraordinary Congress 2026 last Thursday (June 4).
FAM, in a statement, informed that the clarification was made following several statements and allegations that had created the perception that FAM had not presented audited financial statements and annual budgets to coalition members, in accordance with the stipulated provisions.
“As the national football governing body, FAM respects the role of the PJS Office in ensuring compliance with the Sports Development Act 1997 and will continue to provide full cooperation to the relevant authorities, in any matter that requires further clarification,” the statement said.
Previously, FAM denied allegations that the parent body had failed to present a financial audit report since 2016, in addition to describing the allegations as misleading.
FAM informed at the time that every audited financial report is always presented at the Annual Congress, including the Financial Report for the year ending 31 Dec 2025, which was presented at the First Extraordinary FAM Congress 2026, last Thursday.
According to the FAM statement, each financial report goes through a thorough review process at the Finance and Management Committee and Executive Committee (EXCO) levels, before being presented for final approval at the Annual Congress.
— BERNAMA