FIFA Scandal: Swiss bank to pay over USD79 million in penalties

Latest News

Anonymous hacks more than 300 Russian official websites

Biden pushes for co-ordinated approach to crypto oversight

Covid-19 pandemic is not over, warn experts

US man who got first pig heart transplant dies two months later

FIFA Scandal: Swiss bank to pay over USD79 million in penalties

timestamp

May 28, 2021 author

author

AlShorts Web Desk

Bank Julius Baer & Co., a Swiss bank, has admitted to conspiracy of money laundering of over USD36 million in bribes to FIFA officials. The bank has entered into a three-year deferred prosecution agreement with US Department of Justice. The bank has also agreed to pay over USD79 million in penalties to resolve the investigation and its involvement in the scandal.

Latest News

Anonymous hacks more than 300 Russian official websites

Biden pushes for co-ordinated approach to crypto oversight

Covid-19 pandemic is not over, warn experts

US man who got first pig heart transplant dies two months later

advertisement

More News

india-slip-to-62-run-loss-to-new-zealand-at-world-cup

India slip to 62-run loss to New Zealand at World Cup

India slip to 62-run loss to New Zealand at World Cup

Mar 10, 2022

former-india-cricketer-suresh-raina's-father-dies-after-prolonged-illness

Former India cricketer Suresh Raina's father dies after prolonged illness

Former India cricketer Suresh Raina's father dies after prolonged illness

Feb 07, 2022

sachin-tendulkar:-team-india's-1000th-odi-huge-milestone-for-entire-nation

Sachin Tendulkar: Team India's 1000th ODI huge milestone for entire nation

Sachin Tendulkar: Team India's 1000th ODI huge milestone for entire nation

Feb 05, 2022

pakistan-pacer's-action-found-illegal-suspended-from-bowling

Pakistan pacer's action found illegal, suspended from bowling

Pakistan pacer's action found illegal, suspended from bowling

Feb 04, 2022

former-rcb-player-accuses-delhi-police-of-assault

Former RCB player accuses Delhi Police of Assault

Former RCB player accuses Delhi Police of Assault

Jan 29, 2022

lucknow's-ipl-team-officially-named-lucknow-super-giants

Lucknow's IPL team officially named Lucknow Super Giants

Lucknow's IPL team officially named Lucknow Super Giants

Jan 25, 2022

virat-kohli-anushka-sharma-urge-people-not-to-circulate-daughter's-photos

Virat Kohli, Anushka Sharma urge people not to circulate daughter's photos

Virat Kohli, Anushka Sharma urge people not to circulate daughter's photos

Jan 24, 2022

icc-names-pakistan-speedster-men's-cricketer-of-2021

ICC names Pakistan speedster Men's Cricketer of 2021

ICC names Pakistan speedster Men's Cricketer of 2021

Jan 24, 2022

icc-t20-world-cup-to-kick-start-on-16-october

ICC T20 World Cup to kick-start on 16 October

ICC T20 World Cup to kick-start on 16 October

Jan 21, 2022

tata-to-replace-vivo-as-ipl-title-sponsor

Tata to replace Vivo as IPL title sponsor

Tata to replace Vivo as IPL title sponsor

Jan 11, 2022

advertisement

AVAILABLE ON