Monday, 13 June 2016
KPMG steps down as FIFA auditor
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.
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