FIFA case: Swiss bank ready to pay US justice $10m

first_img Loading… A Swiss bank linked to corruption by former international soccer officials at FIFA said Wednesday it is in talks with United States authorities about paying a settlement of at least $10 million. Julius Baer has cooperated with the U.S. Department of Justice since 2015, when a sprawling investigation was unsealed. In 2017, a former banker with Julius Baer pleaded guilty in federal court in New York for his part in managing accounts that laundered bribes for South American soccer officials. They included Julio Grondona, who was FIFA’s former senior vice president and finance committee chairman when he died in 2014. “The bank is currently in advanced discussions with the DOJ about reaching a resolution in such matter, which may result in the payment of a double-digit million US dollar amount,” Julius Baer said in a statement Wednesday on the Swiss bank linked to FIFA.Advertisement Read Also: Messi nets right-footed rocket as first Barca goal under Koeman Julius Baer was also penalized in February by Switzerland’s financial regulator for failing in its duty to combat money laundering, including in its ties to FIFA officials. FacebookTwitterWhatsAppEmail分享 center_img Promoted ContentCan Playing Too Many Video Games Hurt Your Body?11 Most Immersive Game To Play On Your Table TopA Hurricane Can Be As Powerful As 10 Atomic Bombs10 Risky Jobs Some Women Do7 Mysterious Discoveries From All Around The WorldWho Earns More Than Ronaldo?9 Facts You Should Know Before Getting A TattooGorgeous Asian Actresses All Men Are Crazy AboutWho’s The Best Car Manufacturer Of All Time?A Soviet Shot Put Thrower’s Record Hasn’t Been Beaten To This Day6 Extreme Facts About HurricanesThe 18 Most Visited Cities In The Worldlast_img read more