Financial management under the microscope
The General Accounting Office is proceeding with an extraordinary management audit at the Hellenic Basketball Federation (HBF), following the serious judicial developments that have caused turmoil in Greek basketball. The case, which began with allegations of bribery and match-fixing, now moves into the realm of the Federation's financial management, with the government activating the fiscal audit mechanism. By decision of the head of the General Directorate of Fiscal Audits, a three-member audit team was formed to investigate the issues raised in the request by Alternate Minister of Sports, Giannis Vroutsis.
The relevant document is dated October 22, 2026, while one day later, on October 23, instructions were issued for the immediate activation of audit procedures. The mobilization of the state apparatus was carried out under urgent procedures. The decision makes explicit reference to recent developments at the HBF, the allegations being investigated by competent judicial authorities, as well as the temporary suspension of state subsidies to the Federation. The objective, as stated, is to ensure sound fiscal management, legality, and transparency in the handling of public funds.
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