By Muambo Edward
Football Writer, Kick442.com – Cameroon
Former Brazil Football Confederation (CBF) President Ricardo Teixeira has been banned for life by FIFA with a fine of one million Swiss francs.
He was found guilty of bribery by the world football governing body.
Teixeira is the son-in-law of former FIFA President Joao Havenlange and he was a former FIFA Executive Committee member.
He was under investigation from the FIFA Ethics Committee over allegations of “bribery schemes, conducted during the 2006-2012 period, in relation to his role in awarding contracts to companies for the media and marketing rights for CBF, CONMEBOL and CONCACAF competitions.”
“In its decision, the adjudicatory chamber found that Mr Teixeira had breached art. 27 (bribery) of the FIFA code of ethics (2018 edition) and, as a result, sanctioned him with a ban for life on taking part in any football-related activity (administrative, sports or any other) at both national and international level,” FIFA said in statement released on Friday.
“Additionally, a fine in the amount of 1m CHF has been imposed on Mr Teixeira.”
1m CHF equates to £770,000.
The 72-year-old has denied any wrongdoing.
He was elected President of CBF in 1989 and held the position till 2012. With Teixeira at the helm of Brazilian football, the Selecao won the FIFA World Cup twice, in 1994 in the USA and in 2012 when the tournament was jointly hosted by South Korea and Japan. They also played the finals of the 1998 tournament in France.
Ricardo Teixeira was also an Executive Committee member of CONMEBOL.
Copyright © kick442.com
This site is not responsible for the content displayed by external sites.