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U.S. Justice Recovers $ 201 Million Confiscated in FIFAgate

Mary Shelley by Mary Shelley
August 25, 2021
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Published:

25 ago 2021 00:34 GMT

Both Conmepol and Concacaf will receive about $ 70 million, which will be allocated to football development projects.

The U.S. Justice Department has ordered the recovery $ 201 million Compensation for the FIFA Foundation’s corruption scandals of its former leaders was revealed in ‘FIFAgate’.

According to Connected The highest body of world football, North America, Central America and the Caribbean of Soccer (Concacaf), the South American Football Confederation (Conmepol) and FIFA “compensation for losses”. “As a result of decades of corruption in football”.

Funds will be allocated To the newly created World Football Amnesty Fund, established under the FIFA Foundation Financial plans […] It affects communities around the world. “, The company noted.

The United States Department of Justice has awarded the FIFA Foundation $ 201 million in damages for the losses suffered by Concacaf, Conmepol and FIFA as a result of decades of corruption scandals. https://t.co/bJ6tKcRciGpic.twitter.com/OQPWSWj5rC

– FIFA.com in Spanish (fifacom_es) August 24, 2021

“The money was stolen from the bank accounts of former officials involved in football corruption scandals for years and they are being prosecuted.”Adds organism.

Both Conmebol and Concacaf will receive about $ 70 million.

The money will be used for development projects in the region that provide opportunities for “children to play, youth competitions, and training classes” and “many football activities”. Said Vector Montagliani, President of Concacaf and Vice President of FIFA.

In the meantime, step Advertising Conmebol, funds recovered “They will have a positive impact on people and communities around the world.”

See also  Chivas bid farewell to Jose Juan Macias on social networks

In May 2015, a bribery scandal erupted at FIFA, arresting nine senior executives and heads of five companies involved in the functioning of the sports organization.

Mary Shelley

Mary Shelley

"Explorer. Web specialist. Beer practitioner. Alcoholaholic. Social media geek. Introvert. Food lover. Future teen idol."

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