In-person school classes will remain suspended in some parts of Makkah region on Tuesday    OPEC+ decides to proceed with planned April output hike    Al-Ahli CEO Ron Gourlay to step down in April    HONOR unveils New Corporate Strategy to Transition to an AI Device Ecosystem Company Illuminating a three-step roadmap underpinned by openness and collaboration    MEPCO lays the Foundation for PM5: A Groundbreaking Leap in Paper Production, doubling Supply Capacity and introducing Superior-Quality Paper to the Region    Secure 2030 by Seclore strengthens Data Sovereignty, Cybersecurity and Regulations in Saudi Arabia    EU must urgently rearm, says von der Leyen    Australian whose blood saved 2.4 million babies dies    Trump insists Putin wants peace as war is raging in Ukraine    Dozens found alive in metal containers after India avalanche    Civil Defense warns of precaution amid forecast of rain in most Saudi regions until Friday    Crown Prince exchanges Ramadan greetings during reception in Riyadh    UK death rate 'reaches record low'    Anora sweeps Oscars with best picture, best director and best actress for Mikey Madison    Saudi Arabia invites misguided individuals abroad to return home under amnesty offer: State Security chief    Cristiano Ronaldo left out of Al-Nassr squad for AFC Champions League clash against Esteghlal in Iran    Bassogog stuns Al-Ittihad with last-minute equalizer as Al-Okhdood snatches a dramatic draw    First smart, environmentally friendly mosque opens in Tabuk    Toney's hat-trick stuns Al Hilal as Al Ahli claims thrilling victory in Saudi Clasico    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    SFDA warns against Maragatty chicken broth for containing banned colorants    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    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 hands Valcke 12-year ban for causing ‘considerable financial damage'
Published in The Saudi Gazette on 13 - 02 - 2016

Former FIFA secretary general Jerome Valcke became the latest high-profile soccer official to be kicked out of the sport when he was banned for 12 years Friday after causing "considerable financial damage" to it's scandal-plagued governing body.
Valcke was found guilty by FIFA ethics judge Hans-Joachim Eckert of misconduct over the sale of World Cup tickets, abuse of travel expenses, attempting to sell TV rights below their market value and destruction of evidence.
"Valcke acted against FIFA's best interests and caused considerable financial damage to FIFA, while his private and personal interests detracted him from his ability to properly perform his duties as the Secretary General of FIFA," said FIFA's ethics committee in a statement.
The Frenchman, whose job was to ensure the smooth running of FIFA and, in particular, its flagship World Cup tournament, had been right-hand man to now banned FIFA president Sepp Blatter for nearly eight years.
FIFA is mired in the worst crisis in its 111-year history, with corruption investigations under way in Switzerland and the United States. Several dozen people, including senior football officials, have been indicted.
The ethics committee has already banned Blatter and European soccer boss Michel Platini for eight years apiece, and more than a dozen other officials have been suspended over the last four years.
Valcke was initially investigated over potential misconduct linked to the sale of tickets for FIFA World Cups and other cases were uncovered by Cornel Borbely, FIFA's chief ethics investigator, during the course of the inquiry, the statement said.
It was found that Valcke had travelled at FIFA's expense for "purely sightseeing reasons" and had repeatedly chosen private flights over commercial ones "without any business rationale for doing so."
"Mr. Valcke gained an advantage for himself and relatives," said the statement.
The investigation also found that Valcke attempted to grant the 2018 and 2022 World Cup television and marketing rights for the Caribbean region to a third party for a fee which was "far below their actual market value", said the statement.
In another incident, Valcke "deliberately tried to obstruct the ongoing proceedings against him by attempting to delete or deleting several files and folders relevant to the investigation," the statement said.
In all he was found to have violated seven articles of the FIFA code of ethics including ones of general rules of conduct, loyalty, confidentiality, duty of disclosure, conflicts of interest, offering and accepting gifts and obligation to collaborate.
Valcke joined FIFA in 2003 as marketing director but was fired in December 2006 for his part in botched sponsorship negotiations with credit card firms MasterCard Inc and Visa Inc.
Yet within months of that settlement, Valcke was not only back at FIFA but was at the helm of the administration as general secretary, answering directly to Blatter.
Valcke was largely credited for getting the 2010 and 2014 World Cup tournaments, held in South Africa and Brazil respectively, up and running in time after delays in the preparations.
During the run-up to the 2014 tournament, he caused a row by saying that Brazil needed a "kick up the backside" to get the tournament ready on time.
Valcke was put on leave by FIFA in September and dismissed in January by FIFA's emergency committee. He had already implied that he would stand down following the Feb. 26 election for Blatter's replacement. — Reuters


Clic here to read the story from its source.