raid on fifa amid new revelations on blatter payments
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Switzerland's Office of the Attorney General

Raid on FIFA amid new revelations on Blatter payments

Egypt Today, egypt today

Egypt Today, egypt today Raid on FIFA amid new revelations on Blatter payments

This combination of file pictures shows (L-R) Jerome Valcke, Joseph S. Blatter and Markus Kattner
Zurich - Arab Today

Former FIFA president Sepp Blatter and two of his deputies awarded themselves more than $80 million in often suspicious payments over the past five years, FIFA said Friday, after Swiss investigators raided the headquarters of football's governing body.

On a day that FIFA also had to deny media reports that new president Gianni Infantino was under investigation, it said Blatter, former secretary general Jerome Valcke and finance director Markus Kattner made a coordinated effort to "enrich themselves" and that Swiss and US authorities were being informed.

The latest damaging revelations, which suggest the trio wanted to ensure a comfortable future in the event of them losing their jobs, raise new questions about the scope of corruption at FIFA and in world football.

Blatter, whose lawyer said the payments were "proper and fair", is serving a six-year suspension from football over a two million Swiss franc ($2 million, 1.8 million euros) payment to former FIFA vice president Michel Platini. 

Valcke and Kattner have both been fired in recent months over World Cup ticket scandals and payments they received, part of a simmering graft crisis at FIFA.

Switzerland's Office of the Attorney General (OAG) said its investigators searched FIFA's headquarters on Thursday as part of its inquiry into FIFA's mismanagement and the awarding of World Cup tournaments.

"Documents and electronic data were seized and will now be examined to determine their relevance to the ongoing proceedings," said the OAG.

FIFA said the search concentrated on Kattner's office.

- 'Coordinated effort' -

A FIFA statement said that some of the contracts agreed by Blatter, Valcke and Kattner "appear to violate Swiss law".

"The evidence appears to reveal a coordinated effort by three former top officials of FIFA to enrich themselves through annual salary increases, World Cup bonuses and other incentives totalling more than 79 million Swiss francs in just the last five years," said Bill Burck, a partner with the Quinn Emanuel audit firm brought in to look at FIFA's books.

"The investigation has produced evidence of breaches of fiduciary duty. It also raises questions about the role of FIFA's compensation subcommittee."For example, on April 30, 2011, just before a FIFA presidential election when it was not certain Blatter would get a new four-year term, Valcke and Kattner were given eight-and-a-half-year contract extensions "with big increases in their base salaries and bonuses".

Burck said all the information has been passed on to Swiss prosecutors and will also be sent to US judicial authorities.

Blatter's lawyer, Richard Cullen, said in a statement: "We look forward to showing FIFA that Mr. Blatter's compensation payments were proper, fair and in line with the heads of major professional sports leagues around the world."

FIFA has been battling to redeem its name ever since a raid on a Zurich hotel last year to arrest seven FIFA officials at the centre of a US investigation.

About 40 individuals and two companies now face charges in the United States over more than $200 million in bribes paid for television and marketing contracts.

Separately, Swiss police have been investigating FIFA's management and the award of the 2018 World Cup to Russia and 2022 event to Qatar. .

 

- Newspaper claims -Infantino became president in February and vowed to lead world football into a new era of "transparency" and "honesty".

But he already faces scrutiny. FIFA on Friday denied German media reports that a formal investigation had been launched into the new president.

Die Welt newspaper said Infantino had improperly ordered the destruction of the minutes of a FIFA executive committee meeting held at last month's congress in Mexico City.  

FIFA spokeswoman Delia Fischer said the allegations were baseless. 

"The email exchange that makes mention of the deletion of audio files refers to a copy of the original audio file of the meeting that was improperly stored on a local drive," she said.  

"This mention does not refer to the officially archived audio file. That file exists and is properly saved at FIFA."

A spokesman for the ethics committee's investigatory arm, Roman Geiser, told AFP that "there are no formal proceedings going on against Mr. Infantino".

FIFA officials have not discounted however that there is a possibility of an official inquiry.

Source : AFP

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

raid on fifa amid new revelations on blatter payments raid on fifa amid new revelations on blatter payments



GMT 09:59 2017 Wednesday ,08 November

Delhi government shuts all schools over toxic smog

GMT 18:27 2017 Monday ,13 February

UN Voices Concern over Baghdad Demonstrations

GMT 18:10 2016 Saturday ,10 September

People enjoy mud festival in China's Jiangxi

GMT 19:33 2011 Tuesday ,01 November

Memorial by Alice Oswald

GMT 14:29 2011 Monday ,20 June

Pc to stand trial over G20 death

GMT 19:32 2017 Saturday ,25 February

UN: Geneva talks to encompass transition process

GMT 04:52 2017 Saturday ,01 July

Rise in temperatures expected

GMT 16:21 2013 Friday ,07 June

Martinez named Everton manager
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday