Senior FIFA officials arrested for money laundering, fraud
- Admin
- May 27, 2015
- 1 min read
Some senior officials of the world football governing body FIFA, have been arrested by Swiss authorities in Zurich, over corruption charges brought by the US.
According to The New York Times, they were arrested on allegations related to wire fraud, money laundering and racketeering. More than 10 senior officials are believed to be involved.
Investigations into TV and marketing deals and bidding for World Cups, have already begun.
“We’re struck by just how long this went on for and how it touched nearly every part of what FIFA did,” a law enforcement official told the Times.
“It just seemed to permeate every element of the federation and was just their way of doing business. It seems like this corruption was institutionalised.”
The US is expected to seek extradition of the officials who have been arrested.
Comments