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Friday, June 3, 2016

Corruption

FIFA's Top Three Bosses Netted $80 Million in Pay and Severance

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FIFA’s three former top officials -- including ousted ex-president Sepp Blatter -- awarded themselves more than 79 million Swiss francs ($80 million) over the past five years from bonuses, incentives and salary increases, some of which probably broke Swiss law, according to soccer’s global governing body.
Details of the contracts for Blatter, former FIFA Secretary-General Jerome Valcke and former Chief Financial Officer Markus Kattner have been handed to the Swiss Attorney General and will be shared with the U.S. Department of Justice, FIFA said Friday in a statement. All three men had already been suspended or fired by FIFA.

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