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Cameroon – Egypt – Pan Africa
CAF: € 24.5 million fine for Issa Hayatou!
On Tuesday, the Cairo Economic Court sentenced former CAF president Issa Hayatou and his former secretary general, Hicham El Amrani, to a fine of 500 million Egyptian pounds each (about 24.5 million euros). euros) in the case of the contract with Lagardère Sports.
President of the Confederation of African Football (CAF) between 1987 and 2017, Issa Hayatou was caught by the patrol! On Tuesday, the Cairo Economic Court sentenced the Cameroonian and his former secretary general, Moroccan Hicham El Amrani, to pay 500 million Egyptian pounds each (about 24.5 million euros), reports the local press. .
This conviction follows the signature of the one billion euro contract signed in September 2016 between CAF and Lagardère Sports regarding the media / marketing rights of African football for the period 2017-2028. The two men are accused of having contracted this agreement by breaking the rules of competition, thus violating the Egyptian law, which is the seat of the CAF (in Cairo).
In this case, the company Sports Presentation complains including being kept out of the tender, denouncing a contract promised in advance to Lagardère Sports. It should be noted that neither Hayatou nor El Amrani attended the hearing. As a reminder, the CAF announced last September its intention to renegotiate this contract.
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