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Tags: ALLTOP | ALLWWCUR | AME | ASIAX | BB | BBCHTO | BBEXCLUDE

Swiss Open Criminal Proceedings Against FIFA President Blatter

Swiss Open Criminal Proceedings Against FIFA President Blatter

Friday, 25 September 2015 11:07 AM

Swiss authorities opened criminal proceedings against Joseph "Sepp" Blatter, the president of soccer's governing body.

Blatter, who's led the Zurich-based organization for 17 year, is accused of criminal mismanagement and misappropriation, the Swiss attorney general said Friday in a statement.

The 79-year-old Swiss citizen is accused of signing a contract with Caribbean soccer officials "that was unfavorable for FIFA" in 2005, as well as making a "disloyal payment" of 2 million Swiss francs ($2 million) to European soccer head Michel Platini, the candidate expected to replace Blatter when he steps down next year.

Prosecutors said they searched FIFA's headquarters today.

© Copyright 2022 Bloomberg News. All rights reserved.


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Swiss authorities opened criminal proceedings against Joseph "Sepp" Blatter, the president of soccer's governing body.
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2015-07-25
Friday, 25 September 2015 11:07 AM
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