Football’s governing body, FIFA has banned Ricardo Teixeira, a former Brazil football chief for life for taking bribes to award contracts to companies for the media and marketing rights to CBF, Conmebol and Concacaf competitions.
Ricardo, who is also a former FIFA executive committee and standing committee member, resigned in 2012, was also fined one million Swiss francs (907,000 euros) after he was found guilty of bribery in violation of the Fifa code of ethics.
FIFA said “The investigation into Mr. Teixeira referred to bribery schemes, conducted during the 2006-2012 period, in relation to his role in awarding contracts to companies for the media and marketing rights to CBF, Conmebol and Concacaf competitions. In its decision, the adjudicatory chamber found that Mr. Teixeira had breached article 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.”