Blatter criticizes the IOC while defending FIFA

FIFA President Sepp Blatter criticized the IOC while defending his own organization against corruption allegations, saying that the Olympic body handles its finances "like a housewife."

Blatter has been a member of the International Olympic Committee since 1999. He says FIFA is more transparent than the IOC, and has also backtracked on plans to create a new anti-corruption commission.

He says "our accounts are open to everyone. ... The IOC does it like a housewife. She receives some money and she spends some money."

Blatter also says the IOC "has no transparency," and that any transparency was left to the Olympic-sanctioned sports themselves.