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ZURICH, Sept. 25 (Xinhua) -- The Office of the Attorney General of Switzerland (OAG) has opened criminal proceedings against the President of Federation Internationale de Football Association (FIFA) Sepp Blatter over suspected mismanagement and misappropriation, the OAG confirmed Friday.
OAG suspected that Blatter has signed an "unfavorable" contract with the Caribbean Football Union on Sept. 12, 2005.
There was also suspicion that in the implementation of the agreement Blatter violated his fiduciary duties and acted against the interest of FIFA andor FIFA Marketing and TV AG.
Additionally [url=http://www.cheapnflcoltsjerseys.com/darius-leonard-jersey/]Darius Leonard Colts Jersey[/url] , Blatter was suspected of a disloyal payment of 2 million Swiss francs (2.05 million U.S. dollars) to Michel Platini, President of Union of European Football Associations (UEFA), at the expense of FIFA, which was allegedly made for work performed between January 1999 and June 2002 ; this payment was executed in February 2011.
On Friday, representatives of OAG interrogated the defendant Blatter following a meeting of the FIFA Executive Committee. At the same time [url=http://www.cheapnflcoltsjerseys.com/quenton-nelson-jersey/]Quenton Nelson Colts Jersey[/url] , Michel Platini was heard as a person asked to provide information.
Furthermore, OAG conducted a house search at FIFA Headquarters with the support of the Federal Criminal Police. The office of the FIFA President has been searched and data seized.
OAS noted that as for all defendants, the presumption of innocence applies to Blatter.
BRUSSELS, July 10 (Xinhua) -- The European Commission launched a 22-billion-euro innovation project on Wednesday to boost competitiveness of EU industry in strategic technology sectors.
The new project, named Joint Technology Initiatives [url=http://www.cheapnflcoltsjerseys.com/t-y-hilton-jersey/]T.Y. Hilton Colts Jersey[/url] , will focus on medicines, aeronautics, bio-based industries, fuel cells and hydrogen, and electronics.
Jose Manuel Barroso [url=http://www.cheapnflcoltsjerseys.com/andrew-luck-jersey/]Andrew Luck Colts Jersey[/url] , president of the European Commission, said: "The EU must remain a leader in strategic global technology sectors that provide high quality jobs. This innovation investment package combines public and private funding to do just that. This is a perfect demonstration of the leverage effect of the EU budget for growth and jobs."
Maire Geoghegan-Quinn, the European Commissioner for Research, Innovation and Science, said: "The initiatives we are presenting today not only strengthen our economy [url=http://www.cheapnflcoltsjerseys.com/khari-willis-jersey/]Khari Willis Colts Jersey[/url] , they are an investment in a better quality of life. These partnerships will deliver good jobs, and major benefits to society, such as cleaner, greener aircraft; alternatives to fossil fuels; and new treatments to combat the growing threat of antimicrobial resistance."
The Commissioner said: "Without new ideas, Europe is not going to get out of this crisis quickly. Without new ideas [url=http://www.cheapnflcoltsjerseys.com/bobby-okereke-jersey/]Bobby Okereke Colts Jersey[/url] , our businesses lose their competitive edge, and investors will look elsewhere."
The new project will get eight billion euros
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