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OCM call for prudence in spending funds provided by NSC

KUALA LUMPUR: The Olympic Council of Malaysia (OCM) want all National Sports Associations (NSAs) to be prudent in spending the funds provided by the National Sports Council (NSC) in view of the global economic crisis.

OCM honorary secretary Datuk Sieh Kok Chi urged the NSAs to be careful and prudent in managing their funds so that financial constraints would not derail their preparations for the Laos SEA Games in December.

“NSAs who solely depend on funds from the NSC should avoid unnecessary spending,” he said yesterday.

One way to reduce expenditure, he said, was for NSAs to be selective on athletes’ participation in international competitions.

“In this current economic situation, the lesser known sports will find it difficult to attract sponsors or contributions from the corporate sector,” he said.

The NSC’s allocation for this year has been reduced by RM60mil — from RM230mil to RM170mil.

In line with the reduction, NSC director general Datuk Zolkples Embong has also urged NSAs to be thrifty.

The NSC, however, would not reduce fundings promised for badminton, cycling and archery — the three sports identified as gold medal prospects at the 2012 London Olympics. — Bernama

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