FOOTBALL, THE BEAUTIFUL GAME FOR MONEY LAUNDERERS WARN FINANCIAL EXPERTS
March 1st, 2011
BY MARK ROWE, ALAN OSBORN and PAUL COCHRANE
IT may be no coincidence that football (or soccer as it is known by north American readers) is generally regarded as corrupt by law enforcement agencies and has chosen to stage two of its next major spectacles - the 2012 European championships, and the 2018 World Cup, in Ukraine and Russia. These two countries have of course been heavily criticised by the Financial Action Task Force (FATF) and MONEYVAL anti-money laundering (AML) bodies for dirty money flows, poor financial controls and fraud.
According to a senior ...
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