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In an effort to resolve this matter expeditiously, the investigatory chamber will not pursue further formal ethics proceedings in this matter against officials who submit the Parmigiani watch they received from CBF to the secretariat of the investigatory chamber by no later than October 24, 2014.'The watches will then be donated to http://www.fifacoinsmart.com/ an independent non-profit organisation 'committed to corporate social responsibility projects in Brazil', said the statement.Several officials did report the watches to the ethics committee and the CBF confirmed it had distributed 65 gift bags, each containing a Parmigiani watch. The FIFA 15 nations' representatives and the FIFA executive committee members must return the watchesThe recipients comprised 'the 28 officials on the FIFA executive committee, a representative from each of the 32 member associations competing in the 2014 FIFA 15 Brazil, and a representative from each of the 10 member associations in CONMEBOL (the South American confederation)', said the statement.The CBF said they had paid $8,750 for each watch but that the ethics committee had obtained an independent valuation of 25,000 Swiss francs (£16,400). FIFA's ethics investigator has called for his secret report into FIFA 15 bidding to be made public.Michael Garcia, a US attorney, said it is 'necessary' for FIFA's executive committee to authorize the publication of his report into alleged corruption and claims of rule-breaking in the bids for the FIFA 15.
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