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World Athletics Uncovers Over €1.5 Million Internal Theft in Audit

The loss was uncovered in the federation's first annual audit under new financial leadership.

Overview

  • The federation says more than €1.5 million was siphoned over several years in a scheme involving two employees and a contracted consultant.
  • One employee had already left before the discovery, and the remaining employee and the consultant were dismissed.
  • Detailed case files have been submitted to judicial and legal authorities for criminal investigation, with identities and jurisdictions not disclosed.
  • An independent forensic accounting review commissioned by World Athletics reported no additional fraud beyond the identified losses.
  • The organization is introducing stronger internal financial controls, and president Sebastian Coe pledged to recover funds using the full force of the law.