May 23, 2024

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FIFA challenge former president Sepp Blatter with second ban for monetary wrongdoing

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Sepp Blatter was banned for a second time by FIFA on Wednesday for monetary wrongdoing, seven months earlier than the 85-year-old former president’s first ban expires.
Blatter has just lately been unwell and was put in an induced coma for one week after present process coronary heart surgical procedure in December.
FIFA stated its ethics committee banned each Blatter and former secretary-general Jerome Valcke for six years and eight months for monetary wrongdoing linked to awarding themselves contractual bonuses price tens of millions of {dollars}.
Both males, who additionally face prison proceedings in Switzerland, will begin serving the brand new bans when their present ones expire.
Blatter and Valcke had been beforehand banned for six years and 10 years, respectively, in separate instances. Blatter’s first ban expires in October and Valcke’s preliminary ban will likely be served in October 2025.
In the newest case, each males had been every fined 1 million Swiss francs ($1.07 million) and ordered to pay inside 30 days. It is unclear what energy FIFA has to implement fee.
FIFA’s allegations of self-dealing in bonus funds led to former finance director Markus Kattner being banned for 10 years final yr.

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