DOJ is giving away more than $ 200 million to FIFA and other football associations following corruption investigations
[ad_1]
Video above: FIFA’s Code of Ethics casts doubt on the conduct of the organization itself. A six-year corruption investigation into bribery schemes in several global football organizations ended on Tuesday. The US Department of Justice has awarded FIFA, the governing body of international football, $ 201 million. CONCACAF, a coalition that oversees football in North and Central America with Caribbean countries. CONMEBOL, the South American Football Association, and other influenced organizations. The DOJ has determined that the organization was the victim of decades of bribery programs that destroyed football and hampered the development of the game. The escape from football is now being used again for its original purpose as it was originally intended. “The truth is, thanks to the intervention of the US Department of Justice in 2015, we radically transformed FIFA from what was then a toxic organization into a highly respected and trusted global sports association. That’s it. “According to the Justice Department, more than 50 people and companies from more than 20 countries have been charged. The allegations are “primarily related to the provision and receipt of bribes and discounts that sports marketing companies pay to footballers in exchange for media and marketing rights to various football tournaments and events,” the DOJ said. Says. In May 2015, 14 FIFA officials and sports marketing executives were charged with extortion, honest service wire fraud and money laundering crimes, among other things, in a statement from the Justice Department. After the indictment was opened in December 2015, 16 other FIFA officials were charged with similar crimes, the DOJ said. “Consent,” said the DOJ’s statement, adding that the investigation is still ongoing. FIFA, CONCACAF and CONMEBOL will distribute the $ 201 million award to the newly created World Football Federation Fund. We focused on youth programs, community engagement and humanitarian needs. â€
Video above: FIFA’s Code of Ethics raises doubts about the organization’s own conduct.
NS 6 years corruption survey Participation in bribery programs at several global soccer organizations ended on Tuesday.
The US Department of Justice has awarded FIFA, the governing body of international football, $ 201 million. CONCACAF, a coalition that oversees football in North and Central America with Caribbean countries. CONMEBOL, the South American Government Union, and other affected entities.
The DOJ has determined that the organization was the victim of decades of bribery programs that destroyed football and hampered the development of the game.
FIFA President Gianni Infantino said: “I am glad that the money illegally sucked from football is now being used as it should be.” “The truth is, thanks to the intervention of the US Department of Justice, we were able to radically transform FIFA 2015 from what was then a toxic organization into a highly respected and trusted global sports federation. That is. “
According to the Justice Department, the investigation has resulted in the criminal prosecution of more than 50 people and companies from more than 20 countries. A Justice Department statement said: “It relates primarily to providing and receiving bribes and discounts that sports marketing companies pay to footballers in exchange for media and marketing rights at various football tournaments and events.”
The complaint was originally filed in May 2015, and a DOJ statement said 14 FIFA officials and sports marketing executives were charged with blackmail, righteous transfer fraud and money laundering crimes, among other things. .. After the indictment was opened in December 2015, 16 other FIFA officials were charged with similar crimes, according to the DOJ.
“Four companies pleaded guilty and other companies, including banking agencies, have recognized their role in criminal activity by postponing prosecution or non-prosecution agreements,” the DOJ said, and the investigation is ongoing. Added.
FIFA, CONCACAF and CONMEBOL are newly created worlds of the FIFA Foundation, which “focus on youth programs, community engagement and humanitarian needs†with a bonus of 201 million US dollars. Distribute funds to the Football Federation Fund.
[ad_2]
