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Jun
2017
Friday 16th
posted by Morning Star in Sport

A former banker pleaded guilty to a US charge yesterday in the sprawling investigation linked to Fifa.

Jorge Arzuaga, 56, an Argentinian who worked at Credit Suisse Group AG and Julius Baer Group Ltd, pleaded guilty in a federal court in New York to participating in an international money laundering conspiracy.

He admitted to opening fraudulent bank accounts used to transfer bribes to football officials in exchange for kickbacks.

“I deeply regret what I did,” Arzuaga told the judge.

The US investigation of corruption linked to Fifa has indicted or taken guilty pleas from more than 40 people and marketing agencies linked to football in the Americas since 2015.

Many of the charges involve bribes paid around the organisation of regional tournaments and World Cup qualifying games.

Prosecutors in Switzerland have also been investigating. Fifa has also conducted internal investigations of corruption and self-dealing that led it to ban its former president, Sepp Blatter, and long-time secretary-general, Jerome Valcke.

 




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