AIRLINK 74.56 Increased By ▲ 0.31 (0.42%)
BOP 5.04 Decreased By ▼ -0.01 (-0.2%)
CNERGY 4.51 Increased By ▲ 0.09 (2.04%)
DFML 37.77 Increased By ▲ 1.93 (5.39%)
DGKC 90.97 Increased By ▲ 2.97 (3.38%)
FCCL 22.60 Increased By ▲ 0.40 (1.8%)
FFBL 32.66 Decreased By ▼ -0.06 (-0.18%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.98 Increased By ▲ 0.18 (1.67%)
HBL 115.90 No Change ▼ 0.00 (0%)
HUBC 136.25 Increased By ▲ 0.41 (0.3%)
HUMNL 10.15 Increased By ▲ 0.31 (3.15%)
KEL 4.62 Increased By ▲ 0.01 (0.22%)
KOSM 5.06 Increased By ▲ 0.40 (8.58%)
MLCF 40.41 Increased By ▲ 0.53 (1.33%)
OGDC 138.00 Increased By ▲ 0.10 (0.07%)
PAEL 27.62 Increased By ▲ 1.19 (4.5%)
PIAA 24.49 Decreased By ▼ -1.79 (-6.81%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.10 Increased By ▲ 0.20 (0.16%)
PRL 27.02 Increased By ▲ 0.33 (1.24%)
PTC 14.05 Increased By ▲ 0.05 (0.36%)
SEARL 58.86 Increased By ▲ 0.16 (0.27%)
SNGP 70.19 Decreased By ▼ -0.21 (-0.3%)
SSGC 10.37 Increased By ▲ 0.01 (0.1%)
TELE 8.58 Increased By ▲ 0.02 (0.23%)
TPLP 11.20 Decreased By ▼ -0.18 (-1.58%)
TRG 64.62 Increased By ▲ 0.39 (0.61%)
UNITY 26.55 Increased By ▲ 0.50 (1.92%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 7,858 Increased By 19.6 (0.25%)
BR30 25,581 Increased By 121.1 (0.48%)
KSE100 75,195 Increased By 264.2 (0.35%)
KSE30 24,177 Increased By 31.4 (0.13%)

FIFA President Sepp Blatter and UEFA boss Michel Platini, the two most powerful men in world soccer, were banned for eight years on Monday for ethics violations, leaving the world's most popular sport rudderless in a sea of corruption cases. The pair, who were also fined, had been suspended in October while an investigation was carried out into a 2 million Swiss franc ($2.02 million) payment that soccer's global governing body made to European boss Platini in 2011, with Blatter's approval, for work done 10 years earlier.
The decision means that Blatter's 17 years at the helm of world soccer, already tarnished by controversies over the awarding of several World Cup tournaments and a host of corruption cases against senior soccer officials, will end in disgrace.

Copyright Reuters, 2015

Comments

Comments are closed.