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.
Two former top South American football executives have been found guilty of multiple charges at a US trial into corruption in the sport: Jose Maria Marin, the former head of Brazil's Football Confederation (CBF), and Paraguay's Juan Ángel Napout, who led South America's football governing body Conmebol, were convicted on Friday.
Julio Rocha, Rafael Esquivel and Richard Lai had all pleaded guilty to bribery and corruption charges brought by the United States Department of Justice in its massive international criminal probe into FIFA.
Former FIFA president and IOC member Joao Havelange has died aged 100. The Brazilian, whose name is one of those used for the track and field stadium for the Rio Games (Estádio Olímpico João Havelange), played a key role in bringing the Olympics to his country. He called on IOC members at the host city vote in 2009 to join me in celebrating my 100th birthday' at the Rio Olympics.
FIFA's internal investigation by attorneys at world football provides evidence that former FIFA bosses Sepp Blatter, Jerome Valcke and Markus Kattner breached their fiduciary duties to the federation.
FIFA Ethics Committee has banned Sergio Jadue and Luis Bedoya for life from all football-related activities at both national and international levels. The decision was revealed in a statement released on May 6.
FIFA's former vice-president and ex president of Uruguay's football association Eugenio Figueredo is under home arrest following prostate surgery. Judge Adriana de los Santos authorized the 'temporary' measure while the former official recovers. He was in hospital several days given his age, 84 and heart problems.
Alfredo Hawit entered a guilty plea to four counts of corruption including racketeering, wire fraud and obstructing justice. The former vice president of FIFA and former interim CONCACAF president could face a maximum of 20 years in prison on each count of corruption. The 64-year-old Hawit must also forfeit US$ 950,000 to United States Department of Justice when he is sentenced.
FIFA's Gianni Infantino says he is “dismayed” that his integrity is being doubted after he was revealed to have signed off a TV rights contract with two businessmen who were later indicted in the U.S. for bribery in FIFA’s corruption scandal.
FIFA peeled back another layer of secrecy this week as football’s governing body revealed for the first time how much money it was paying disgraced former president Sepp Blatter. The former FIFA chief, who was suspended with pay in October 2015 and later banned for unethical conduct, made $3.76 million last year. He did not earn a performance bonus but did pocket almost $450,000 for reaching 40 years of service at FIFA.