Egypt to issue EGP 6b in floating-rate T-bonds    Egypt signs outsourcing deals with 55 firms to create 70,000 jobs, boost digital exports    Egypt's monthly inflation rises 1.3% in Oct, annual rate eases to 10.1%: CAPMAS    Egypt, Qatar intensify coordination as Gaza crisis worsens    Arabia Developments, ElSewedy join forces to launch industrial zone in New 6th of October City    Egypt, US's Merit explore local production of medical supplies, export expansion    Egypt, WHO discuss joint plans to support crisis-affected health sectors    Government to channel major share of Qatar deal proceeds toward debt reduction: Finance Minister    Germany, Egypt sign €50m debt swap for renewable energy grid connection    400 children with disabilities take part in 'Their Right to Joy' marathon    Egypt's Foreign Minister discusses Gaza, Sudan with Russian counterpart    Russia's Putin appoints new deputy defence minister in security shake-up    UNESCO General Conference elects Egypt's El-Enany, first Arab to lead body    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt, Albania discuss expanding healthcare cooperation    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Hungary, Egypt strengthen ties as Orbán anticipates Sisi's 2026 visit    Egypt's PM pledges support for Lebanon, condemns Israeli strikes in the south    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Egypt, Medipha sign MoU to expand pharmaceutical compounding, therapeutic nutrition    Egypt establishes high-level committee, insurance fund to address medical errors    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Syria releases preliminary results of first post-Assad parliament vote    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



FIFA finance watchdog member temporarily suspended during probe
Published in Ahram Online on 16 - 09 - 2014

FIFA has temporarily suspended a member of its financial watchdog after he was arrested on suspicion of corruption and money-laundering in his native Cayman Islands, soccer's governing body said on Tuesday.
Domenico Scala, head of FIFA's Audit and Compliance Committee, said that although preliminary investigations had not established any connection between the allegations and Canover Watson's role in football, Watson had been relieved of his duties while the investigation continues.
"After a preliminary clarification of the facts of the case and the allegations of the Cayman Island investigating authorities against Canover Watson, no connection with football and/or his role at association level has been established at this stage," said FIFA in a statement.
"The investigation continues. The chairman has decided to temporarily relieve until further notice Canover Watson, to whom the presumption of innocence applies, of his duties on the FIFA Audit and Compliance Committee.
"This should not be regarded as routine procedure, because cases like this or of this nature must always be assessed on their individual merits."
Watson, one of eight members of the committee and a vice-president of the Caribbean Football Union, has denied the charges and been released on bail in the British overseas territory.
The allegations refer to Watson's time at the head of Cayman's Health Service Authority and follow a police investigation into the introduction of a swipe card system.
Cayman Islands Anti-Corruption Commissioner David Baines, in a statement to local media, said that Watson was suspected of "breach of trust contrary to section 13 of the Cayman Islands Anti-Corruption Law, as well as abuse of public office... and conflict of interest".
Baines also cited "suspicion of money-laundering contrary to section 133 of the Proceeds of Crime Law" in the Watson case.
http://english.ahram.org.eg/News/110876.aspx


Clic here to read the story from its source.