Valcke under investigation following FIFA’s release of Blatter’s salary

By

Following the action of FIFA to release the salary received by its former President Sepp Blatter  in 2015, the police is looking now to his general secretary Jerome Valcke. The two are currently the subject of a Swiss criminal investigation.

FIFA has revealed that Blatter received more than enough for his work in the organization as reported by Inside The Games. The ex-FIFA president who was confirmed to be appealing to reduce the six-year ban from football to the Court of Arbitration for Sports was confirmed to have had a $3,634,857 salary for 2015. He was the president of the league since 1998. The figures were disclosed on FIFA's Financial and Governance Report where it was also discovered that the organization lost more than $122 million last year.

Meanwhile, his general secretary, Jerome Valcke, was paid $2, 124,822 on the very same year. Valcke was dismissed from football after being alleged of selling tickets five times its normal price.

Telegraph reported that police raided Valcke's home. Swiss police have searched his property, and he was later questioned on suspicion of 'various acts of criminal mismanagement.' Valcke's being attributed to be Sepp Blatter's right hand after the massive payment he received during 2015. He denied all wrongdoings being suspected though. 

The widening investigation highlighted the battle being faced by the new FIFA president Gianni Infantino who's keen to keep his promise for transparency and reform as written by Punch. Blatter did not get a performance bonus in 2015 but did get a $400,000 compensation for his tenure with FIFA. The estimated loss is a follow up of the $141 million surplus in 2014. As noted by the site, the last loss was recorded in 2002, also caused by corruption. FIFA tried to blame the loss to "expenses and higher compensation costs and unforeseen costs such as legal fees and costs for extra ordinary meetings."

Meanwhile, Jerome Valcke has reportedly violated the organization's adjudicatory chamber of the ethics committee for accepting and offering gifts as well as breaching confidentiality and conflicts of interest. He is banned to take part in any football activities for 12 years. 

Tags
Jerome Valcke, FIFA, Sepp Blatter, football, financial and good governance report, Criminal Charges, expenses, confidentiality
Join the Discussion
Related Articles
More Law & Society News
New Legislation May Increase Social Security Checks Using Elderly-Focused Consumer Price Index

New Legislation May Increase Social Security Checks Using Elderly-Focused Consumer Price Index

Biden-Nominated US Attorney Rachael Rollins Spent Extravagant Lifestyle on Taxpayers' Dime, Investigation Reveals

Biden-Nominated US Attorney Rachael Rollins Violated Spending Rules on Taxpayers' Dime for Personal Luxury Expenditures

Canada's Largest Gold Heist at Pearson Airport Reaches Turning Point as 6 Get Arrested

Canada's Largest Gold Heist at Pearson Airport Reaches Turning Point as 6 Get Arrested

How the U.S. Courts Shape Our Jury: Inside the Juror Selection Process

How the US Courts Shape Our Jury: Inside the Juror Selection Process

Real Time Analytics