OCA to provide financial aid to Pakistan, North Korea
November 12th, 2010 - 8:10 pm ICT by IANSGuangzhou, Nov 12 (IANS) The Olympic Council of Asia (OCA) Friday decided to lend financial support to some of its National Olympic Committees (NOCs), including Pakistan and North Korea.
OCA president Sheikh Ahmad Al-Fahad Al-Sabah announced the decision at an executive board meeting here.
The OCA will aid the needy NOCs over a period of time. For now, the OCA will help North Korea and the flood ravaged Pakistan.
“We will work very closely with the International Olympic Committee (IOC). We have asked our finance committee to allocate whatever amount of funds we can give them,” said Sheikh Ahmad.
“They are facing crisis and they need our support.”
The OCA along with IOC contributed $100,000 to the Pakistan Olympic Association (POA) earlier to repair the sports infrastrucure damaged in heavy flooding earlier thuis summer.
The executive board approved the initiative, and it brought an emotional response from one of its members - said Syed Arif Hasan, OCA vice president for South Asia and president of the Pakistan Olympic Association (POA).
“Thank you for your assistance and your words of comfort. I appreciate the great work the OCA is doing under you (Sheikh Ahmad),” said Arif.
– bs/av/vt
- Malhotra hails Randhir's ANOC nomination - Apr 23, 2012
- OCA president arrives for biggest ever Asian Games - Nov 12, 2010
- 16th Asian Games draw to close at colourful ceremony - Nov 27, 2010
- Return free ticket if not watching Asian Games: Organisers - Nov 16, 2010
- Guangzhou Asian Games "one of best ever": OCA president - Nov 27, 2010
- OCA chief gives thumbs up to Guangzhou - Nov 27, 2010
- OCA backs India to host 2018 Asian Games - Apr 22, 2009
- Cricket included in Asian Games - May 13, 2009
- Asian Games close with China dominant as never before (Lead) - Nov 27, 2010
- BCCI not to send teams for Asian Games - Jun 01, 2010
- Cricket Officially Added To 16th Asian Games - May 13, 2009
- POA Secretary General not to attend CWG in New Delhi - Sep 30, 2010
- BCCI's Asian Games pull-out disappoints OCA (Lead) - Jun 01, 2010
- OCA takes exception to Sports Ministry's remarks on Randhir Singh - May 28, 2010
- Veiled threat to sports ministry from IOC, OCA - May 22, 2010
Tags: al sabah, board meeting, bs, emotional response, fahad, finance committee, financial aid, flood, guangzhou, international olympic committee, national olympic committees, north korea, oca, olympic association, olympic council, pakistan, period of time, sheikh ahmad, South Asia, vice president