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According to the report out of Switzerland (via Sam Rubenfield of the Wall Street Journal), Blatter will face charges of "criminal mismanagement" and "misappropriation."
Blatter was interrogated on Friday following a meeting with the FIFA Executive Committee.
Among the charges is an allegation that Blatter gave a "disloyal payment" to UEFA president Michel Platini for the amount of 2 million francs ($2.1 million).
"Additionally, Mr. Joseph Blatter is suspected of a disloyal payment of CHF 2 Mio. to Michel Platini, President of Union of European Football Associations (UEFA), at the expense of FIFA, which was allegedly made for work performed between January 1999 and June 2002 ; this payment was executed in February 2011. "