Former Fifa finance director gets 10-year ban for abusing position

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The German was fired in May 2016 after Fifa investigated payments he made to himself. FMTNews FIFA

LAUSANNE: Markus Kattner, Fifa’s finance director under Sepp Blatter who also served as acting secretary-general, has been banned from all football-related activity for 10 years and fined 1 million Swiss francs after being found guilty of conflicts of interest and abusing his position, the sport’s world governing body announced Tuesday.

“The investigation into Mr Kattner covered various charges concerning bonus payments in relation to Fifa competitions that were paid to top Fifa management officials , various amendments to and extensions of employment contracts, reimbursement of private legal costs, and Mr Kattner’s duties as an official,” Fifa said in a statement.

The payment was made in 2011, when Blatter was seeking re-election as president, but was related to work carried out by Platini between 1999 and 2002. Frenchman Valcke was given a 12-year ban, later reduced to 10 years, in September 2015 following a scandal involving the resale of 2014 World Cup tickets.Blatter and Valcke are also currently the subject of a separate Swiss investigation into the former’s payment to Platini.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines