Sports Integrity Initiative: FIFA “happy” about US and Swiss embezzlement actions

Governance, Sports Law

FIFA said that it is “very happy” that both US and Swiss authorities today took separate actions over alleged embezzlement ahead of the 65th FIFA Congress, 28-29 May 2015. The US Department of Justice (DoJ) charged nine FIFA officials and five corporate executives with ‘racketeering, wire fraud and money laundering conspiracies, among other offenses, in connection with the defendants’ participation in a 24-year scheme to enrich themselves through the corruption of international soccer’ in a 47-count indictment released this morning. This statement also included the unsealing of the identities of four individuals and two corporations, which had previously pleaded guilty to DoJ charges under seal. Hours earlier, the Swiss Federal Office of Justice (FOJ) had confirmed that six ‘soccer’ officials had been detained as part of the US investigation.