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Blatter’s Payment to Platini a Classic Conflict of Interest – FIFA Audit Chairman

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The Audit and Compliance Committee Chairman of the world’s football governing body, FIFA, Domenico Scala, has labelled Sepp Blatter’s payment of about $2 million to UEFA chief, Michel Platini a ”classic conflict of interest.”

The audit chairman also said the beleaguered FIFA boss could also be culpable for the alleged falsification of accounts, for making a payment without a written contract.

Scala disclosed this to the Financial Times after an extraordinary congress meeting on Tuesday.

He said that the payment was not recorded in the accounts in 2002, calling it a serious omission.

Scala said: “In any normal business, there would be a written contract.

“Both parties were members of Fifa’s executive committee and knowingly approved each year financial statements which were incorrect by 2m Swiss francs (£1.35m). 

“That could be seen as falsification of the accounts.

“It doesn’t make a difference if you do that in a limited company or an association. The result and the consequences are the same.”

Blatter last week said he had a “gentleman’s agreement” with Platini over the payment, with the UEFA boss claiming the deal was a verbal agreement for his job as an adviser to Blatter between 1998 and 2002.

Both men are currently serving a 90-day suspension for the alleged payment, while FIFA’s ethics committee completes a full investigation.

 

The Audit and Compliance Committee Chairman of the world’s football governing body, FIFA, Domenico Scala, has labelled Sepp Blatter’s payment of about $2 million to UEFA chief, Michel Platini a ”classic conflict of interest.”
The audit chairman also said the beleaguered FIFA boss could also be culpable for the alleged falsification of accounts, for making a payment without a written contract.
 
Scala disclosed this to the Financial Times after an extraordinary congress meeting on Tuesday.
He said that the payment was not recorded in the accounts in 2002, calling it a serious omission.
 
Scala said: “In any normal business, there would be a written contract. 
 
“Both parties were members of Fifa’s executive committee and knowingly approved each year financial statements which were incorrect by 2m Swiss francs (£1.35m). 
 
“That could be seen as falsification of the accounts.
 
“It doesn’t make a difference if you do that in a limited company or an association. The result and the consequences are the same.”
 
Blatter last week said he had a “gentleman’s agreement” with Platini over the payment, with the UEFA boss claiming the deal was a verbal agreement for his job as an adviser to Blatter between 1998 and 2002.
 
Both men are currently serving a 90-day suspension for the alleged payment, while FIFA’s ethics committee completes a full investigation.