Aid agencies sound the alarm as Israel's Gaza blockade enters a second month    Asian markets plunge as Trump's global tariff turmoil deepens    Trump's crackdown on university protests is casting a long shadow    Le Pen vows to fight conviction but large-scale protests fail to materialize    Al-Jasser: work is underway to restructure and develop aviation infrastructure    KAU to host Digital Communication Conference in Jeddah from April 29 to May 1    TGA: Riyadh tops with 45% of 290 million orders delivered in 2024    Diriyah to host third IMFC Deputies meeting under Saudi chairmanship    15,135 decisions taken to penalize Saudis and expats for violations    Saudi-European Parliamentary Friendship Committee discusses cooperation during Strasbourg visit    Saudi stock market loses half a trillion riyals, with Aramco's losses amounting to SR340 billion Tariff turmoil rattles Gulf markets    Benzema rescues Al Ittihad with stoppage-time equalizer in thrilling Jeddah Derby    Al Qadsiah and Al Ettifaq share spoils in tense Eastern Derby stalemate    Moussa Diaby praises Al Ittihad's resilience after Jeddah Derby draw "When you can't win, you take a point"    Saudi assistant referee Iman Al Madani joins AFC elite list for 2025    Riyadh Art Week launches with over 50 galleries showcasing global artistic dialogue    Turki Al-Sheikh announces five new Saudi film projects to be produced in Riyadh    Saudi Ministry of Education to showcase innovations at 2025 Geneva International Exhibition    Ed Sheeran weaves Persian music into new song, Azizam    Veteran Bollywood actor Manoj Kumar dies at 87    Screen time in bed linked to insomnia, study finds    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



FIFA paying Blatter despite ban
Published in The Saudi Gazette on 20 - 01 - 2016

FIFA's Sepp Blatter may have been banned for eight years from the game but he is still receiving his president's salary from world soccer's governing body, a spokesman for FIFA's Audit and Compliance Committee told Reuters Monday.
Blatter was suspended for 90 days by FIFA on Oct. 8 and then banned from the game for eight years last month for ethics violations over a $2 million payment FIFA made to European soccer boss Michel Platini with Blatter's approval in 2011.
But Blatter, a Swiss national who has been president of FIFA since 1998, will continue to be paid until a new president is elected on Feb 26, the spokesman Andreas Bantel said. That would mean Blatter would have been paid for nearly five months during which time he was unable to carry out his duties, and a period in which FIFA has appointed an acting president, African soccer head Issa Hayatou.
The compensation sub-committee of FIFA's Audit and Compliance Committee recently ruled that it could stop Blatter's bonuses but not, according to his contract, his salary.
"Until the election of a new president on Feb. 26, Mr. Blatter is the elected president and therefore — according to his contract — is entitled to receive his remuneration," Bantel said.
Blatter's US lawyer and his Switzerland-based spokesman could not be immediately reached for comment.
FIFA is facing the worst corruption crisis in it history as a total of 41 individuals and entities, including many former FIFA officials, have been charged with corruption-related offences in the United States. The US investigation is far from over and FIFA also faces a parallel Swiss probe.
Blatter's bonuses have been stopped because he was not carrying out his duties of supervising the organization, including its general secretary.
Only last week, FIFA announced that Jerome Valcke was fired from his position as general secretary. It gave no reason but an investigation had followed allegations of corruption related to World Cup ticket sales.
"The duty of supervision is listed explicitly in the target agreements for the payment of bonuses. The compensation committee has therefore decided, at its last meeting, not to make any further bonus payments to Mr. Blatter," said Bantel.
The size of Blatter's compensation from FIFA has remained secret although reforms to be voted on at the organization's February Congress call for the disclosure of individual compensation for the president and top executives. It is also unclear what Hayatou is getting paid to be acting president.
FIFA's finances may have taken a blow in the past year because of the costs and distractions of the corruption scandal. According to a report from the UK's Press Association late last year, the organization suffered its first loss last year since 2001.
Bantel declined to discuss what proportion of Blatter's payments came from his bonuses.
Julius Baer dismisses employee
Swiss bank Julius Baer has dismissed one of its client advisers as part of its internal investigation into ties with world soccer's governing body FIFA, a source familiar with the matter said Tuesday.
The employee left the company shortly after several soccer officials were arrested in Zurich last May, the source said, adding this was the only member of the bank's staff to be dismissed so far in connection with its FIFA probe.


Clic here to read the story from its source.