International

KPMG steps down as FIFA auditor

2016-06-13 15:41
FIFA (AFP)

Zurich - Auditing firm KPMG has ended its decade-long association with scandal-hit football governing body FIFA, the world body announced on Monday.

"FIFA acknowledges the decision of KPMG to step down as FIFA's auditor after more than a decade of service," FIFA said in a statement.

FIFA has been battling to redeem its name ever since a raid on a Zurich hotel last year to arrest seven FIFA officials at the centre of a US investigation.

About 40 individuals and two companies now face charges in the United States over more than $200 million in bribes paid for television and marketing contracts.

"FIFA welcomes this change as it gives the organisation the opportunity to work with a new audit firm, which will be appointed soon - initially by the FIFA Council as a temporary arrangement before a formal appointment will be made at the next Congress in May 2017, in accordance with the FIFA Statutes," the statement added.

Read more on:    fifa  |  soccer

 

Read News24’s Comments Policy

Live Video Streaming
Video Highlights
Sport Talk

 
 
Men
Women
Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

The 2018/19 Absa Premiership season is in full swing. Will Mamelodi Sundowns retain their title? Or can one of Kaizer Chiefs, Orlando Pirates, Wits, SuperSport United - or another team perhaps - snatch glory from the Brazilians? Be sure to visit Sport24 for all the latest news!

Latest blogs
Vote

Who will emerge victorious in this season's Champions League?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.