Ariel Alvarado, a Panamanian who was a member of FIFA's ethics committee, has been banned from football for life, the governing body announced on Thursday.
FIFA's adjudicatory chamber said in a statement Alvarado was "guilty of bribery in violation of the FIFA Code of Ethics."
The statement said in calculating the fine "the Panel took into consideration the undue pecuniary advantages offered and accepted by Mr Alvarado as bribes ($230,000)" and decided the amount should both "have a preventative effect" and "be higher than the benefit Mr Alvarado obtained."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
