Billionaire FIFA Candidate’s Disaster Relief Donation Probed
FIFA’s ethics committee is investigating charity donations made by Chung Mong-Joon, the South Korean billionaire running for FIFA president, according to letters from the Asian Football Confederation to the sport’s global governing body.
Chung, the second-largest shareholder in shipbuilder Hyundai Heavy Industries Co., sent $500,000 to Haiti following an earthquake there in 2010, and provided $400,000 to Pakistan after floods the same year. The money was supposed to be used for soccer development projects in the country.
FIFA said, in April, its ethics committee is investigating what happened to money sent to Haiti, including $250,000 from FIFA itself. The Asian Football Confederation asked FIFA’s investigators to look into the Pakistan donation.
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