‘Swiss Banks Reported FIFA Account’

Hamilton Nwosa
Writer

Ad

OPEC Rejects Media Reports of Major Output Hike Ahead of G8 Meet

OPEC has slammed the brake on speculation, flatly rejecting media reports that the G8 is preparing to hike crude oil production by half a million barrels per day. In a statement from Vienna on Tuesday, the OPEC Secretariat called the claims “wholly inaccurate and misleading,” stressing that discussions among ministers for the upcoming meeting haven’t…

Ranked: Countries Losing the Most (and Least) from Trump’s Tariffs

Trump’s tariffs are hitting all of America’s major trading partners. But in U.S. trade, what matters isn’t just the tariffs a country faces—it’s how they stack up against competitors. This visualization, made with the Hinrich Foundation, shows which countries are losing the most, and the least, from Trump’s tariffs. The data seen here is sourced from…

Emergency in Rivers: Romancing impunity?, By Ebun Olu-Adegboruwa 

By Ebun-Olu Adegboruwa, SAN “I urge every Nigerian home and abroad to try and live within the confines of the law of the land and the Constitution of the Federal Republic of Nigeria. If we are able to do just that, we will be sure of ensuring that peace and unity reign in the country.…

Ad

Swiss banks reported suspicious activity around accounts of football’s world governing body FIFA, the country’s attorney general has said.

Michael Lauber said his office was analysing a “huge amount” of seized FIFA data in its corruption inquiry, the BBC reports.

The attorney general said he did not rule out interviews with FIFA president Sepp Blatter as part of his investigation.Swiss FIFA

Read also: US Offers $10m Reward For Information On Election Intruders

The investigation could lead to the reopening of the bidding process for the 2018 and 2022 World Cups.

FIFA is facing claims of widespread corruption after Swiss police raided a hotel in Zurich – where FIFA is based – and arrested seven of its top executives last month.

The seven were held at the request of the United States department of justice, which has charged 14 current and former FIFA officials and associates on charges of “rampant, systemic, and deep-rooted” corruption.

The charges follow a major inquiry by the FBI.

Until now, much less has been revealed about the Swiss investigation than the inquiry being led by the FBI.

Read also: NDDC, EFCC’s Graft: Buhari Says Appointees Abused Trust

But if Swiss investigators do prove that bribes changed hands in the bidding contests, Russia and Qatar could lose their hosting rights to the 2018 and 2022 tournaments.

Mr. Lauber told a news conference that his investigation was looking at 53 banking relationships reported by the Swiss financial intelligence unit.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp