News Briefs
  • 19:19

    World chess chief hands over powers after US sanctions

    The head of the World Chess Federation (FIDE), Kirsan Ilyumzhinov, has temporarily transferred most of his powers to his deputy after being added to a US sanctions list for alleged ties to the Syrian regime, the organization said Sunday.

    At a FIDE meeting in Athens, Ilyumzhinov "informed the presidential board that he will withdraw from any legal, financial and business operations of FIDE until such time as [he] is removed from the [US] Office of Foreign Assets Control sanction list," FIDE executive director Nigel Freeman said in a statement.

    "Mr Ilyumzhinov's decision... is to enable him to concentrate on clearing the situation with the US Department of the Treasury," he said.