Sports

Published 15 March 2018

Buckie Got It, St. Kitts and Nevis News Source

SKNAAA In Poor Financial State, Says President

St Kitts and Nevis (WINN): Newly elected president of the St. Kitts and Nevis Amateur Athletic Association (SKNAAA), Val Henry, says the organization is not in a healthy financial state.

Henry made the disclosure at a press conference at the Kim Collins Stadium, on March 13.

“The SKNAAA is not in a very healthy financial position, we met US$35 dollars on one account in Scotia Bank and $2,100 dollars on our National Bank account with bills to be paid of over $8,000 dollars, you do the math. But that’s good news. The bad news is that we also inherited a debt of over $500,000 dollars, but that’s the good news. The worse news to that is that debt was once over $800,000 dollars, and were it not for the support of this Minister of Sport and the government of St Kitts and Nevis that helped us to draw down on that debt of $400,000 dollars, we would have been in a very serious position.”

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