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
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