BANKER CONVICTED OF LAUNDERING USD25 MILLION IN FIFA BRIBES
June 1st, 2017
AN ARGENTINE banker pleaded guilty in a US court on June 15 to laundering bribes in a scandal that has rocked football’s world governing body, FIFA. Jorge Luis Arzuaga was employed at two Swiss banks, including Zurich-based Julius Baer where he was managing director. The US Department of Justice (DOJ) named Julius Baer in its November 2015 indictment against individuals and organisations involved in the FIFA bribes scandal. The DOJ said in a statement that Arzuaga managed several accounts controlled by an unidentified sports media and marketing business ...
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