Egypt scraps parliamentary election results in 19 districts over violations    Egypt's public prosecution hands over seized gold worth $34m to central bank    Finance ministry pushes trade facilitation with ACI rollout for air freight    Abdelatty stresses Egypt's commitment to peaceful conflict resolution    Deep Palestinian divide after UN Security Council backs US ceasefire plan for Gaza    Health minister warns Africa faces 'critical moment' as development aid plunges    Egypt's drug authority discusses market stability with global pharma firms    SCZONE chair launches investment promotion tour in France    Egypt extends Ramses II Tokyo Exhibition as it draws 350k visitors to date    Egypt, Germany launch government talks in berlin to boost economic ties    Egypt signs host agreement for Barcelona Convention COP24 in December    Egypt's FRA Sandbox signs 3 tech partnerships to boost cybersecurity, innovation    Gold prices fall on Tuesday    Regional diplomacy intensifies as Gaza humanitarian crisis deepens    Egypt's childhood council discusses national nursery survey results    Al-Sisi urges probe into election events, says vote could be cancelled if necessary    Filmmakers, experts to discuss teen mental health at Cairo festival panel    Cairo International Film Festival to premiere 'Malaga Alley,' honour Khaled El Nabawy    Cairo hosts African Union's 5th Awareness Week on Post-Conflict Reconstruction on 19 Nov.    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt launches Red Sea Open to boost tourism, international profile    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt will never relinquish historical Nile water rights, PM says    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, soccer bodies entitled to $200M as corruption victims
Published in Ahram Online on 25 - 08 - 2021

The U.S. Department of Justice declared FIFA and other soccer bodies to be victims of corrupt former officials and said Tuesday they should get more than $200 million from cash forfeited in a sprawling investigation.
A first amount of $32.2 million will be paid into a ``World Football Remission Fund'' overseen by the FIFA Foundation charity, federal prosecutors said.
``This announcement is the beginning of the process for returning funds to the victims of the FIFA bribery scandal and marks the department's continued commitment to ensuring justice for those victims harmed by this scheme,'' the DOJ said in a statement.
FIFA's charity supports projects in schools, helps the sport recover after natural disasters, develops women's and girls' soccer, and the FIFA Legends program that uses former players as ambassadors.
``I would like to thank the US authorities for the trust placed in FIFA,'' its president Gianni Infantino said in a statement, pledging ``we will make sure that these funds are used properly and bring tangible benefits for people who really need it.''
The forfeited money _ in a case unsealed in 2015 that led to more than 50 people or corporate entities charged _ will now be under FIFA's control in Zurich though it mostly never belonged to the world soccer body.
The money was typically linked to bribes and kickbacks from broadcasting and sponsor deals for continental competitions in the Americas and national deals for World Cup qualifying games.
More than $150 million was to be forfeited by Jose Hawilla, the Brazilian marketing executive who has since died. His group of agencies had close relationships with South American soccer body CONMEBOL and North America's CONCACAF.
In separate statements, Paraguay-based CONMEBOL said it was entitled to $71 million of the forfeited money and Miami-based CONCACAF said its share was $70 million. Each soccer body lost a succession of presidents who resigned in the scandal.
That would leave $60 million for FIFA though it will control distribution of all the money, which Infantino said would be subject to ``strict monitoring, auditing and compliance checks.''
It is unclear how much total cash has been recovered though the DOJ said ``well over'' the initial $32.2 million granted ``has been seized and has been or is expected to be forfeited to the United States in the Eastern District of New York.''
The remission deal follows more than five years after FIFA claimed tens of millions of dollars in restitution for itself from money held by prosecutors who secured dozens of guilty pleas from soccer and marketing executives, mostly in the Americas.
Some are still awaiting sentencing in federal court in Brooklyn years after admitting charges of financial wrongdoing including racketeering conspiracy. Indicted soccer officials have avoided extradition while remaining in Brazil and Trinidad and Tobago.
The highest-profile trial saw former CONMEBOL president Juan Angel Napout and Jose Maria Marin, a Brazilian who led the 2014 World Cup organizing committee, convicted in Brooklyn in 2017.
The ongoing investigation was unsealed in May 2015 and rocked world soccer while its leaders met in Zurich and two days later re-elected Sepp Blatter as FIFA president.
The next week, Blatter announced his plans to resign in the fallout from a case that ultimately removed a generation of leaders from the Americas who also held senior positions at FIFA.
Blatter was never implicated directly by U.S. prosecutors though since September 2015 has been the subject of criminal proceedings in Switzerland, where federal prosecutors are still running separate though connected investigations.
However, at least $10 million of the restitution FIFA requested was its own money paid out during Blatter's presidency.
In its 2016 claim, FIFA described the ``theft'' of payments totaling $10 million it transferred to CONCACAF leaders that was acknowledged as bribes to vote for South Africa as the 2010 World Cup host.
The restitution claim was revealed three weeks after the February 2016 election of Infantino to succeed Blatter.
Infantino oversaw creating the FIFA Foundation and appointing former Argentina president Mauricio Macri as its executive chairman.
Macri was Argentina's head of state from 2015-19 and previously president of storied soccer club Boca Juniors.
The charity's chief executive, Youri Djorkaeff, played in the France team that won the 1998 World Cup.
The new remission fund ``is intended to have a particular focus on youth and community program, will have earmarked amounts to projects within CONCACAF and CONMEBOL, given that they suffered significantly as a result of the criminal activities,'' FIFA said.
``Our work isn't finished,'' said Michael J. Driscoll of the FBI's New York Field Office, ``and our promise to those who love the game _ we won't give up until everyone sees justice for what they've done.''
(For more sports news and updates, follow Ahram Online Sports on Twitter at @AO_Sports and on Facebook at AhramOnlineSports.)


Clic here to read the story from its source.