Breaking News

FIFA President under Criminal Investigation
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

FIFA Sepp Blatter

Summary: Swiss officials have interrogated and searched the FIFA president’s office for evidence relating to two suspicious activities that he engaged in.

FIFA president Sepp Blatter is being investigated by the Switzerland attorney general. Although the United States is also investigating Blatter, the Swiss case is looking into “criminal mismanagement and suspicion of misappropriation of funds” separately.

  
What
Where


Friday morning Blatter and the top executives for FIFA conferenced three levels below ground in the headquarters of the organization to discuss budgets, governance reforms, and schedules for the World Cup tournaments. When they emerged in the afternoon, officials were waiting for Blatter.

For the next few hours, instead of making an announcement to the press about decisions from the meeting, he spent it being interrogated. Officials searched his office five floors above the bunker and removed boxes of documents as part of the criminal investigation.

There are two things that investigators are specifically concerned with. The first is an incident involving the payment of over $2 million to former soccer star and administrator Michel Platini for work he did over a decade ago. Platini is now the head of the European governing body for soccer. He’s also a potential successor to Blatter for the FIFA presidency, which will open up next year when Blatter steps down.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




The second incident involves Blatter signing a contract for World Cup television rights for way under market value. The television contract was sold for $600,000 to indicted former FIFA official Jack Warner. Warner then licensed the rights to the footage for around $20 million, or 33 times the amount of the contract.

The circumstances in both instances are suspicious enough to raise red flags and make officials wonder what is going on. Blatter could now face an investigation by FIFA’s independent ethics committee.



This is the second time that Swiss officials have searched and seized documents from FIFA’s headquarters. In May they arrested 14 top soccer and marketing officials under the direction of the U.S. Department of Justice. While Blatter was not charged or arrested that day, he has been under investigation since.

See Greek Soccer Player Receives Ban Following Nazi Salute.

Source: New York Times

Photo: forbes.com



 

RELEVANT JOBS

Legal Assistant / Paralegal (Personal Injury)

USA-AZ-Phoenix

Full-Time Why Work Here? “Opportunity for professional growth in a long-term position wi...

Apply now

Paralegal/Legal Assistant

USA-AK-Anchorage

Job details Salary From $15 an hour Job Type Full-time Part-time Qualifications ...

Apply now

Litigation Paralegal

USA-FL-Orlando

Job Details Full-time$50,000 - $70,000 a year2 days ago Benefits Paid time off Flexibl...

Apply now

Legal Assistant

USA-IN-Lafayette

Part-Time Part-time which may lead into a full-time position, interpreting for Spanish speaking c...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Commercial Litigation Associate Attorney

USA-MA-Boston

Boston office of a BCG Attorney Search Top Ranked Law Firm seeks a commercial litigation associate a...

Apply Now

Foreclosure Attorney

USA-GA-Atlanta

Atlanta office of a BCG Attorney Search Top Ranked Law Firm seeks foreclosure attorney with experien...

Apply Now

Foreclosure Attorney

USA-TN-Memphis

Memphis office of a BCG Attorney Search Top Ranked Law Firm seeks foreclosure attorney with experien...

Apply Now

SEARCH IN ARCHIVE

To Top