Friday, 16 June 2017

Swiss Fifa corruption inquiry convicts ex-banker Arzuaga



A former Swiss bank employee has been convicted of money-laundering offences, in a corruption inquiry linked to football's world governing body Fifa.

 
Jorge Arzuaga, an Argentine, used to work for Julius Baer bank. He admitted managing accounts that enabled football executives to receive multi-million-dollar bribes.


It is the first Swiss investigation to be completed in the Fifa scandal.


US prosecutors helped in the probe and Arzuaga appeared in a New York court.


The Swiss Attorney General's Office (OAG) said Arzuaga would forfeit $650,000 (£509,000) he had received in criminal payments - money that would now go to the Swiss Treasury.
Arzuaga was found guilty of falsifying documents and facilitating money-laundering.


He was released on bail after his plea hearing at the Brooklyn federal court on Thursday. He is scheduled to be sentenced on 4 January, Reuters news agency reports.


In a statement, the OAG said it was conducting about 25 separate investigations in football-related cases, and was examining seized documents totalling some 19 terabytes of data.




BBC     News.