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Tuesday, 19 January 2016

SUSPENDED BLATTER STILL RECIEVING FIFA SALARY

Former FIFA president Sepp Blatter, who has been banned for eight years from football, is still receiving his president's salary from the sport's governing body, a spokesman for FIFA's Audit and Compliance Committee told Reuters on Monday.
Blatter was dealt the eight-year sanction last month, handed down by four ethics judges who rejected charges of bribery and corruption, but banned the Swiss national for a range of lesser violations of the FIFA ethics code, including accepting or receiving gifts and conflicts of interest.Blatter, who had been president of FIFA since 1998, will continue to be paid until a new president is elected on Feb. 26, the spokesman Andreas Bantel said.
"Until the election of a new president on February 26, Mr Blatter is the elected president and therefore -- according to his contract -- is entitled to receive his remuneration," Bantel said.
That translates into a payment period of nearly five months during which time Blatter has been unable to carry out his duties since being initially suspended for 90 days by FIFA on Oct. 8. FIFA has since appointed an acting president, Africa's Issa Hayatou.
The compensation sub-committee of FIFA's Audit and Compliance Committee recently ruled that it could stop Blatter's bonuses but not, according to his contract, his salary, Reuters said.
Blatter's bonuses are not being paid because he was not carrying out his duties of supervising the organisation, including its general secretary, Reuters said.
"The duty of supervision is listed explicitly in the target agreements for the payment of bonuses. The compensation committee has therefore decided, at its last meeting, not to make any further bonus payments to Mr. Blatter," said Bantel.
The amount of Blatter's compensation from FIFA has remained secret although reforms could be passed during the organisation's February Congress to call for the disclosure of individual compensation for the president and top executives.
Bantel declined to discuss what proportion of Blatter's payments came from his bonuses.

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