Connect with us

Hi, what are you looking for?

Football Reporting
Football Reporting

FIFA

FIFA to receive extra $92 million compensation for losses in global corruption case



FIFA, world soccer’s governing body, will receive another $92 million in compensation for losses sustained in global soccer corruption schemes, the U.S. Justice Department said on Thursday.

In August last year, the department said FIFA was going to receive $201 million in compensation for the losses. The money was seized from the bank accounts of former officials who were involved in the schemes and then prosecuted following a probe into years of corruption in world soccer.

“This distribution of approximately $92 million as compensation for losses suffered highlights the importance of asset forfeiture as a critical tool in this endeavor,” the Justice Department said in a statement on Thursday.



Source link

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

FIFA

Kylian Mbappe has become a global icon but when he broke onto the scene with Monaco as a teenager, he was known by a...

FIFA

England were twice beaten by Belgium at the 2018 World Cup and not many members of the squad remain from the third-place playoff contested...

FIFA

Mar 25, 2024, 12:09 AM ET The United States-Mexico Concacaf Nations League final match was suspended in the late stages for the second straight...

FIFA

Mar 24, 2024, 10:47 PM ET U.S. men’s national team midfielder Tyler Adams had a goal to remember. While playing Mexico in the Concacaf...