STOCK MARKET BSE NSE

Sepp Blatter faces new FIFA probe

Banned FIFA president Sepp Blatter and his former chief lieutenants were under investigation over illicit bonuses.

Published: 09th September 2016 07:07 PM  |   Last Updated: 09th September 2016 07:07 PM   |  A+A-

Soccer FIFA Blatter_R

In a statement issued by his US lawyer in reaction to the sponsor demands, Blatter defiantly vowed to remain in office.| (File/AP)

By AFP

ZURICH: Banned FIFA president Sepp Blatter and his former chief lieutenants were under investigation on Friday over illicit bonuses totalling $80 million (71mn euros), FIFA's ethics committee said.

Football's ruling body claimed in June that Blatter, Jerome Valcke and Markus Kattner had skimmed off the eight-figure sum in salaries and bonuses in "a coordinated effort" to "enrich themselves" between 2011-2015.

It says it has passed on its finding to the Swiss police.

In a statement, the investigatory chamber of FIFA's ethics committee announced it had opened "formal proceedings" against the three men who it suspects of "conflict of interest and corruption".

Blatter is serving a six-year ban from football over ethics violations relating to a suspect $2 million he authorised in 2011 to former UEFA boss Michel Platini.

Valcke was himself banned for 12 years, reduced to 10 on appeal, over misconduct regarding television deals and 2014 World Cup ticket sales.

Kattner, who briefly succeeded Valacke as Blatter's righthand man, was fired in May over 'breaches' involving millions of dollars.

Stay up to date on all the latest Sport news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp