Exclusive - Scotiabank warns football’s CONCACAF to clean up its act or funds will be withheld


Snow covers the Scotiabank logo at the Bank of Nova Scotia headquarters in Toronto December 16, 2013. REUTERS/Chris Helgren

TORONTO (Reuters) - Bank of Nova Scotia has warned regional football body CONCACAF, which is deeply enmeshed in the FIFA bribery scandal, that it will withhold funds from a major sponsorship deal unless the confederation cleans up its act, according to a source familiar with the bank’s position.

    “The bank is deeply concerned," said the source, speaking on condition of anonymity due to the sensitivity of the matter. "It does not want to be associated with scandals like this at all."

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