Bank Hapoalim agrees to pay over $30 million for role in FIFA scandal - DOJ

FILE PHOTO: The logo of FIFA is seen in front of its headquarters in Zurich, Switzerland September 26, 2017. REUTERS/Arnd Wiegmann

WASHINGTON (Reuters) - Bank Hapoalim B.M. agreed to pay more than $30 million (23.8 million pounds) for its role in the money laundering conspiracy surrounding FIFA, the world governing body for soccer, the U.S. Department of Justice said on Thursday.

The Israeli bank and its Swiss subsidiary admitted they, through employees, conspired to launder over $20 million in bribes and kickbacks to soccer officials with Fédération Internationale de Football Association (FIFA) and other soccer federations, the DOJ said in its statement.