U.S. says FIFA to get another $92 million in compensation from corruption probe

FILE PHOTO: A long exposure shows FIFA's logo near its headquarters in Zurich, Switzerland February 27, 2022. REUTERS/Arnd Wiegmann

WASHINGTON/NEW YORK (Reuters) -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 had 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.

FIFA's continental confederations CONCACAF, which governs the sport in North and Central America, and CONMEBOL, which oversees South America, were named among the victims in the Justice Department's statement.

Since the department unveiled the corruption probe in 2015, more than 50 individual and corporate defendants from more than 20 different countries have faced charges, according to the DOJ, largely regarding bribes and kickbacks related to media and marketing rights.

"There was an extraordinary amount of money flowing between corrupt officials and businesses in this massive scheme," Michael J. Driscoll, assistant director in charge at the FBI's New York Field Office, said in a statement.

"It is gratifying to know assets seized from the criminals involved will be distributed to groups in need of the money, one specifically focused on educating and safeguarding football for women and girls."

(Reporting by Kanishka Singh in Washington, additional reporting by Amy Tennery in New YorkEditing by Chris Reese and Christian Radnedge)

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Football

Soccer-Barcelona sell further 24.5% stake in audiovisual studio to Orpheus Media
Soccer-'Greatest announcement ever': Burnley hailed for Tella unveiling
Soccer-Liverpool will only sign the 'right' players despite injuries, says Klopp
Soccer-Defoe returns to Tottenham in academy role
Soccer-Sterling says racist abuse did not cross his mind before Chelsea move
Soccer-Leicester not looking to sell Fofana, says Rodgers
Soccer-Qatar to kick off World Cup as finals brought forward by one day
Four-team tourney to whet Harimau Malaya’s appetite
JDT just can’t go slow against Turtles
A big hand to Azri

Others Also Read