Attorneys for FIFA provided an update on the internal investigation and details on compensation for former top officials
The attorneys conducting the internal investigation into wrongdoing
at FIFA, Quinn Emanuel, released information regarding details on
contracts and compensation for the small group of former FIFA officials.
The investigation has revealed what has been described as 'evidence of breaches of fiduciary duty'.
Bill Burck, a partner with Quinn Emanuel said: “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 totalling more than CHF 79 million – in
just the last five years,”
It also raises questions about the role of FIFA’s Compensation Sub-Committee.
FIFA believe the preliminary findings indicate that the payments and
contracts warrant considerable further investigation and 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.
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