Two FIFA vice presidents, 12 others charged in US probe

May 28, 2015

Fifa officials

New York, May 28: The US Justice Department has charged 14 individuals - including two current FIFA vice presidents and seven other world football officials - with offences including racketeering, wire fraud and money laundering conspiracies.

It also said in a release that the 47-count indictment, unsealed in federal court in Brooklyn, New York, is "not the final chapter" in the wide-ranging and ongoing investigation, reports Efe.

The announcement by Attorney General Loretta Lynch, accompanied at a press conference in New York by FBI director James Comey, came on the same day that Swiss authorities arrested seven of the 14 defendants charged in the indictment.

"They used their positions of trust within their respective organizations to solicit bribes from sports marketers in exchange for the commercial rights to their soccer tournaments," Lynch said.

Despite the insistence of reporters, however, she refused to discuss possible measures against FIFA president Sepp Blatter, who was not among those indicted and is expected to win re-election for a fifth term on Friday.

The defendants include FIFA vice presidents Uruguayan Eugenio Figueredo and Caymanian Jeffrey Webb, who is also president of the Confederation of North, Central American and Caribbean association football, known as CONCACAF - as well as the former president of the South American Football Confederation (CONMEBOL), Paraguayan Nicolas Leoz.

Both Figueredo and Webb were arrested early on Wednesday by Swiss authorities, who acted at the request of the US.

Trinidad and Tobago's Jack Warner, a former FIFA vice president and ex-president of CONCACAF, also was among the 14 defendants indicted.

"Most of the schemes alleged in the indictment relate to the solicitation and receipt of bribes and kickbacks by soccer officials from sports marketing executives in connection with the commercialisation of the media and marketing rights associated with various soccer matches and tournaments," the US Justice Department said.

Four of the defendants are sports marketing executives, while one other defendant allegedly served as a liaison to facilitate illicit payments by sports marketing executives to soccer officials.

"Other alleged schemes relate to the payment and receipt of bribes and kickbacks in connection with the sponsorship of the Brazilian soccer federation by a major US sportswear company, the selection of the host country for the 2010 World Cup (South Africa) and the 2011 FIFA presidential election," the Justice Department said.

The acting US attorney of the Eastern District of New York, Kelly Currie said the indictment as well as the guilty pleas of four individual defendants and two corporate defendants, also unsealed Wednesday, do not mark "the final chapter in our investigation".

In explaining why the US Justice Department was prosecuting leaders of soccer's world governing body, Lynch said the defendants and their co-conspirators partially planned their scheme in the US, used the US banking system to pay bribes and "planned to profit from their scheme in large part through promotional efforts directed at the growing US market for soccer".

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News Network
January 10,2020

Jan 10: Australian cricketer Shane Warne’s prized 'baggy green' cap raised more than A$1 million ($686,000) on Friday for bushfire relief efforts after the former leg-spinner donated it for auction.

Twenty-seven people have been killed and thousands made homeless in recent months as huge fires scorched through more than 25.5 million acres of land, an area the size of South Korea.

The baggy green is presented to Australian players when they make their Test debut and they receive just one for their entire career. The Aussie cricketer donated the cap to an online auction site on Monday. The auction closed at 10 a.m. on Friday (2300 GMT Thursday) with a final public bid of A$1,007,500.

"Unbelievable … so generous from everyone. Totally blown away," Warne said on Twitter shortly before the auction closed.

The auction attracted global interest and the price eclipsed the A$425,000 achieved by the late Don Bradman's baggy green when it was sold in 2003.

"We have been overwhelmed and it is a fantastic result," Marc Cheah, head of marketing for auctioneers Pickles, said.

"Other baggy greens have been auctioned and Don Bradman’s got $425,000 about 15 years ago, but the Don is the Don. He’s the greatest cricketer that ever lived," Cheah said in relation to the widely held recognition Bradman was the best batsman the game has produced.

"But Shane is also right up there and that drove a lot of traffic and momentum, while the cause is also very worthwhile."

Warne, 50, is one of many local and international athletes to support the fundraising for bushfire victims with several cricketers promising to donate a sum based on the number of sixes they hit in Australia’s Big Bash Twenty20 competition.

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News Network
February 5,2020

New Delhi, Feb 5: IPL franchise Kolkata Knight Riders (KKR) has denied any financial dealings with the controversial Rose Valley Group except for it being a sponsor of the side's official jerseys in 2012 and 2013.

KKR issued the clarification after the Enforcement Directorate (ED) attached Rose Valley's assets worth over Rs 70 crore on Monday. The attached assets include Rs 11.87 crore bank deposits of Knight Riders Sports Pvt Ltd, that owns KKR, in connection with a money laundering probe.

The franchise said it hopes for the matter to be resolved expeditiously.

"Rose Valley Hotels was one of KKR's IPL jersey sponsors for IPL seasons 2012 and 2013. Rose Valley had paid KKR an approx. amount of Rs 11.87 crore as sponsorship fees," KKR CEO Venky Mysore said in a statement.

"KKR had no other dealings with the Rose Valley Group including Rose Valley’s micro finance business," he added.

The statement added that in July last year, KRSPL (Knight Riders Sports Pvt Ltd), received a "witness summon" from the ED in connection with an investigation relating to the Rose Valley Group, particularly its micro finance business.

"The ED continues the investigation of Rose Valley. KKR continues to cooperate with the authorities in all respects," Mysore said.

"As part of the investigative process, sometime in October 2019, the ED placed a lien on the said amount earlier paid by Rose Valley to KKR," he asserted.

The directors of KRSPL include Shah Rukh Khan's wife Gauri Khan, actor Juhi Chawla's husband Jay Mehta, Mysore and two others.

Mysore was questioned in this case by ED's Kolkata office in October last year.

Apart from KRSPL, the ED attached properties of two other entities -- Multiple Resorts Pvt. Ltd. and Kolkata's St Xavier's College on Monday.

The ED registered an FIR against the Rose Valley group, its chairman Gautam Kundu and others under the Prevention of Money Laundering Act in 2014.

Kundu was arrested by the agency in Kolkata in 2015 and is in judicial custody at present.

The ED has filed multiple charge sheets in Kolkata and Bhubaneswar courts in this connection and total attachments are now worth Rs 4,750 crore.

The group has been charged by the ED and the CBI with "illegally and fraudulently collecting deposits from public with the intention to cheat them by falsely promising high returns on their investment", thereby perpetrating a ponzi-like fraud.

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January 6,2020

Jan 6: Former India opener Kris Srikkanth on Sunday said he would prefer K L Rahul over Shikhar Dhawan in the T20 World Cup later this year.

Former India opener Kris Srikkanth on Sunday said he would prefer K L Rahul over Shikhar Dhawan in the T20 World Cup later this year.

Dhawan is returning to international cricket after a long gap. During the senior left-handed batsman's absence, Rahul has emerged as one of the top contenders for the opener's slot in limited-overs cricket.

"Runs against SL (Sri Lanka) don't count. If I was chairman of selectors, I won't pick Dhawan in the T20 WC squad. There is no competition between him and Rahul. Only one winner," Srikkanth said on Star Sports.

Before the series, the 34-year-old Dhawan said that he is looking forward to a "new start" in a new year and wants to win the World Cup for India.

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