You probably don't want to hear more about Sepp Blatter, the disgraced former FIFA president, but it has now been revealed that he along with two others 'enriched' themselves through annual salary increases, World Cups bonuses and more.
It's Blatter, alongside former secretary general Jerome Valcke and former deputy secretary general Markus Kattner, according to FIFA. All former, did you notice that?
An international investigation into the wrongdoing at FIFA was conducted, with findings released on Friday morning.
From FIFA:
The attorneys conducting the internal investigation into wrongdoing at FIFA, Quinn Emanuel, today released information regarding details on contracts and compensation for a small group of former FIFA officials.
"The evidence appears to reveal a coordinated effort by three former top officials of FIFA to enrich themselves through annual salary increases, World Cup bonuses and other incentives totaling more than CHF 79 million ($80 million) - in just the last five years," said Bill Burck, a partner with Quinn Emanuel.
The compensation was awarded to former FIFA President Joseph Blatter, former Secretary General Jérôme Valcke, and former Deputy Secretary General Markus Kattner, who also served as FIFA's Chief Financial Officer.
The investigation has revealed evidence of breaches of fiduciary duty. It also raises questions about the role of FIFA's Compensation Sub-Committee. It is clear that the preliminary findings indicate that the payments and contracts warrant considerable further investigation. FIFA has shared this information with the Office of the Swiss Attorney General and it will brief the U.S. Department of Justice on the matters as well. This is consistent with FIFA's commitment to cooperate with the authorities and FIFA's policy of zero tolerance for wrongdoing. FIFA will also refer the matter of these contracts and payments to the FIFA Ethics Committee for its review.
Here's a breakdown of those bonuses, several of which were approved by former Argentina soccer federation boss Julio Grondona, who died in July, 2014.
FIFA payments under suspicion pic.twitter.com/7r96G2ACmy
— Rob Harris (@RobHarris) June 3, 2016
FIFA said it has shared the information with the Office of the Swiss Attorney General and will brief the U.S. Department of Justice. This all comes after the FIFA scandal resulted in the arrest of several top officials in May on corruption charges.
Tune in next month when more crazy, suspicious stuff will likely come out from FIFA's past.
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