Date: 2010.02.20 | Category: IHF | Tags:

According to German DER SPIEGEL magazine the IHF Council increased the annual compensation for Council members from 204.000 to 1.325.000 CHF during a meeting in Nanjing/China in December 2009. The compensation for IHF President Hassan Moustafa was raised from 30.000 to 500.000 CHF per year. For further details:

http://www.spiegel.de/sport/sonst/0,1518,679098,00.html

English translation of the article:

IHF president Moustafa gets an increase of 1567 percent

The total annual ‘expense allowances’ for the top officials in the International Handball Federation (IHF) will, according to information obtained by Der Spiegel, increase from 204.000 CHF per year to 1.325.000 CHF per year. The increase for President Hassan Moustafa is particularly drastic.

The top officials of the IHF allow themselves a magnificent compensation for their services. This becomes clear in a document from the IHF Council that had until now been kept secret; the Council is the forum for the 17 IHF top officials. According to this document, when the Council met last December in Nanjing, China, they arranged for themselves an increase in the expense allowances from an aggregate of 204.000 CHF to 1.325.000 CHF.

The most grandiose increase concerns the president: 1567 percent. The Egyptian Hassan Moustafa, who last summer was re-elected in his position until 2013, will now get 500.000 per year instead of 30.000 CHF.

The Council members also allow themselves an increase in their daily allowances – instead of 250 CHF per day, when they are on duty for the IHF, they will now receive 400 CHF. For Moustafa this adds up to a six-digit amount, as he last year claimed to have been on duty for the IHF during 280 days.

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