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US Investigators Close in on Sepp Blatter in Corruption Scam

by Admin
June 3, 2015
in National News
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Sepp Blatter Resigns Amid Corruption Scandal
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sepp_blatterThe United States news outlets say FIFA President Sepp Blatter is under investigation in the United States in connection with the corruption scandal involving football’s governing body, reports the Voice of America.

News that the 79-year-old Blatter is the target of probes by federal prosecutors and the FBI came hours after he abruptly resigned his post during a news conference in Zurich. Blatter, who was just re-elected to a fifth term as FIFA president last Friday, acknowledged that he did not “have a mandate from the entire world of football – the fans, the players, the clubs, the people who live, breathe and love football as much as we all do at FIFA.”

He admitted that “FIFA needs a profound restructuring,” and pledged his commitment to that goal.

Many of FIFA’s multi-million dollar sponsors praised Blatter’s decision to step down. U.S. soft drink maker Coca-Cola said it was “a positive step for the good of sport, football and its fans.”

Blatter has ordered an extraordinary congress of the football federation to choose a new president, and said he will retain his presidential powers until then.

Election of a new FIFA president apparently will take months. Experts expect a vote could take place between December of this year and March 2016.

The announcement capped a turbulent week for FIFA, which began last Wednesday when FBI agents and Swiss police raided a meeting of the federation’s top leaders in Switzerland and arrested seven officials and held them for extradition to the U.S. on corruption charges.

The seven are among a total of 14 people indicted by the U.S. Justice Department on charges of racketeering, wire fraud and money laundering in a scheme that prosecutors say involved sports media executives paying or agreeing to pay more than $150 million in exchange for marketing rights to tournaments.

Swiss authorities have also launched a separate investigation against a group of individuals suspected of mismanagement and money laundering in connection with awarding the 2018 World Cup to Russia and the 2022 tournament to Qatar.

An investigation has also been launched into allegations of bribery involving $10 million in payments by Blatter’s top lieutenant in connection with South Africa’s successful bid to host the 2010 World Cup.

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