Makudi has denied any wrongdoing and says he has already replied to Fifa. Fifa has asked executive committee member Worawi Makudi for clarification after claims development grants were spent building facilities on land that he owned.The allegations relate to projects at the Thai football federation's technical center at Nongiok.
Makudi would face an investigation if Fifa finds evidence of any potential breach of its Code of Ethics.
Makudi, the president of the Thai federation, has denied any wrongdoing.
He has previously told the Thai media that he had signed over the land to the Thai FA through official procedures.
The federation used $460,000 of Fifa funding in 2004 to build a pitch with artificial turf and also received $400,000 in 2007 to build a three-story headquarters.
In a statement, Fifa confirmed it was "seeking clarification with Mr Makudi on the issue of the Fifa Goal projects in Thailand" having sent a letter to the official.
"Should there be any evidence of any potential breach of the code of ethics, then the matter would be referred to the ethics," the statement added.
"However, at the time of writing, no ethics proceedings or ethics investigation has been opened against Mr Makudi."
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