Swiss bank Julius Bär has agreed to pay US$79.7 million in a settlement with the US Department of Justice after being implicated in a sprawling corruption probe surrounding FIFA, world football’s governing body.
A Peruvian football official accused of taking bribes has been cleared by a jury in the United States. Manuel Burga, who led football in Peru until 2014, was accused of taking cash in exchange for distributing marketing and media rights to matches. Two other South American football officials were convicted by the same jury on Friday.