Wake up daily to our latest coverage of business done better, directly in your inbox.
Get your weekly dose of analysis on rising corporate activism.
The best of solutions journalism in the sustainability space, published monthly.
Select Newsletter
By signing up you agree to our privacy policy. You can opt out anytime.
World football’s governing body FIFA has announced it will be introducing a corporate governance and compliance body, following allegations over deep-seated corruption and bribery within the organization.
Sepp Blatter, whose uncontested re-election to the FIFA presidency was in question after the English Football Association demanded a delay until corruption investigations were concluded, told the organization’s congress that a new governance body, staffed by FIFA officials, would be set up to oversee the organization’s future operations.
Blatter, whose own re-elections to the presidency since 2002 remain shrouded in rumours of financial irregularities, has been under pressure since some FIFA members had released apparently incriminating evidence of corruption in the run-up to World Cup hosting bids.
The English FA, which proposed a vote to delay Blatter’s election that was voted down by 172 to 17, said: ‘We welcome Mr Blatter's proposals for the creation of a committee to oversee the improvement of FIFA’s governance arrangements. We are pleased that this committee will be answerable to Congress, however we wish to see the make-up of this committee include independent members, to ensure that appropriate solutions are identified using external benchmarks and expertise.’
The precise make-up, functions and powers of the body have not yet been detailed.
Sepp Blatter, whose uncontested re-election to the FIFA presidency was in question after the English Football Association demanded a delay until corruption investigations were concluded, told the organization’s congress that a new governance body, staffed by FIFA officials, would be set up to oversee the organization’s future operations.
Blatter, whose own re-elections to the presidency since 2002 remain shrouded in rumours of financial irregularities, has been under pressure since some FIFA members had released apparently incriminating evidence of corruption in the run-up to World Cup hosting bids.
The English FA, which proposed a vote to delay Blatter’s election that was voted down by 172 to 17, said: ‘We welcome Mr Blatter's proposals for the creation of a committee to oversee the improvement of FIFA’s governance arrangements. We are pleased that this committee will be answerable to Congress, however we wish to see the make-up of this committee include independent members, to ensure that appropriate solutions are identified using external benchmarks and expertise.’
The precise make-up, functions and powers of the body have not yet been detailed.
TriplePundit has published articles from over 1000 contributors. If you'd like to be a guest author, please get in touch!
