Nike says FIFA indictment does not allege criminal conduct by company


Olympic Council of Asia (OCA) President Sheikh Ahmad Al-Fahad Al-Sabah speaks at a news conference at the Main Media Centre of the 17th Asian Games in Incheon September 21, 2014. REUTERS/Rob Dawson

(Reuters) - Nike Inc said on Thursday that charging documents regarding the FIFA bribery scandal do not allege the company is engaged in criminal conduct.

U.S. authorities said on Wednesday nine football officials and five sports media and promotions executives faced corruption charges involving more than $150 million in bribes. Swiss police arrested seven FIFA officials who are now awaiting extradition to the United States.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Others Also Read