switzerland targets corruption in sports with fifa bill
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Switzerland targets corruption in sports with 'FIFA bill'

Egypt Today, egypt today

Egypt Today, egypt today Switzerland targets corruption in sports with 'FIFA bill'

FIFA, based in Switzerland
Geneva - Arab Today

Swiss deputies on Friday passed a law making it easier to bring corruption charges against the leaders of international sporting bodies such as FIFA which have faced years of sleaze allegations.
The law will affect about 60 multi-billion dollar sporting federations, including football's governing body and the International Olympic Committee, based in Switzerland and has become known as "Lex FIFA", or the FIFA law.
The legislation makes the chiefs of sporting federations "politically exposed persons," alongside political dictators, for whom an allegation of money laundering or corruption will trigger judicial proceedings.
"With this law, corruption in sport will become a crime. It's the first step towards cleaning up sport," Roland Buchel, a lawmaker with the populist Swiss People's Party who led a four-year campaign for the bill, told AFP.
The law is in response to years of allegations of corruption against sporting bodies, including FIFA.
Football's global body, which is based in Zurich, has been at the centre of controversy over its decision to grant the 2022 World Cup to Qatar.
FIFA and Qatar have denied any wrongdoing.
But the governing body's executive will vote next week on whether to release the full report of corruption inquiry.
Federation chiefs had been exempt from Swiss laws on money laundering, which were based on measures drawn up by the intergovernmental Financial Action Task Force.
The new lawl, under which banks will have to flag any suspect payments, brings sports officials -- and their relatives -- into line with politicians.
"It sends a clear message to the world, that officials must accept responsibility," Buchel said.
He said the law should be rubber stamped by the government by April or May 2015.
- FIFA and IOC welcome bill -
FIFA and the International Olympic Committee welcomed the new law, which was passed by the lower chamber, the National Council by 128 votes to 62 against, with five abstentions.
"As FIFA has repeatedly stated in the past, FIFA supports government measures for protecting the integrity of the sport and tackling corruption," a spokesman said.
The organisation last month published a summary of an investigation into the Qatar bids and Russia's victory for the 2018 World Cup, clearing them of corruption and ruling out a re-vote.
But the author of the investigation, lawyer Michael Garcia, has slammed the summary as "incomplete and erroneous". He has lodged an appeal with FIFA to get a new version released.
The IOC brought in new rules on bidding following bribery revelations surrounding Salt Lake City's bid to host the 2002 Winter Olympics.
The Lausanne-based organisation "fully supports and welcomes this important move by Swiss lawmakers -– it is in line with what the IOC already does," its president Thomas Bach said.
The new bill only affects international organisations based in Switzerland -- where they enjoy favourable tax status -- and not regional or national groups.
Buchel said he regretted that UEFA, European football's governing body which is based in the Swiss town of Nyon, was not covered, but said he hoped it would eventually be.
Asked if he feared sporting bodies might now leave Switzerland, he said: "Good riddance."
Source: AFP

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

switzerland targets corruption in sports with fifa bill switzerland targets corruption in sports with fifa bill



GMT 10:57 2017 Wednesday ,18 October

Leipzig claim landmark Champions League success

GMT 14:23 2018 Friday ,30 November

Saudi Arabia pledges $50 million to UNRWA

GMT 15:54 2012 Wednesday ,05 September

Yemeni donor\'s conference in Riyadh needs $11 billion

GMT 12:45 2017 Tuesday ,19 December

K-pop star joins the ill-fated '27 Club'

GMT 10:43 2017 Wednesday ,27 September

Saudi Arabia to allow women to drive

GMT 06:27 2017 Wednesday ,13 December

Dow, S&P 500 end at records as banking shares gain

GMT 13:41 2016 Wednesday ,26 October

Bee Gees' Gibb eyes Justin Timberlake collaboration

GMT 18:58 2012 Wednesday ,11 January

Saudi\'s Safco posts 25% rise in Q4 net profit

GMT 16:08 2017 Monday ,23 October

Russian journalist stabbed, assailant held: editor
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday