Attorney General opens criminal proceedings against Blatter

The Swiss Attorney General's office has opened criminal proceedings against outgoing FIFA president Sepp Blatter. He is being investigated on suspicion of criminal mismanagement and misappropriation. The office of the Attorney General suspects that Blatter signed a contract with Jack Warner of the Caribbean Football Union (CFU) which is suspected of going against the interests of FIFA. Warner, the ex-chief of the Caribbean Football Union is currently under investigation for alleged corruption by the US Department of Justice.  The television broadcasting rights, which were sold to the CFU in September 2005 for $600,000 (CHF580,000), were then re-sold to a marketing firm for a double-digit million-dollar sum. There were two payments made, one for the South Africa World Cup TV rights and the other for the Brazil World Cup rights FIFA issued a statement saying that the CFU failed to meet its obligations to pay further fees on top of the $600,000. In addition, Blatter ...