The U.S. and Global Security Review - Blog by Michael Novakhov

Fallout From FIFA Corruption Probe Intensifies   by David Stout Thursday May 28 th , 2015  at  1:52 PM TIME 1 Share Corporate sponsors are scrambling to distance themselves from the sprawling corruption dragnet launched against soccer’s global governing body, the International Federation of Association Football (FIFA), by American and Swiss authorities this week. On Wednesday, prosecutors in the U.S.  unveiled  a 47-count indictment against 14 defendants tied to the federation, including nine FIFA officials, who are accused of involvement in racketeering, wire fraud and money-laundering conspiracies. “Our investigation revealed that what should be an expression of international sportsmanship was used as a vehicle in a broader scheme to line executives’ pockets with bribes totaling $110 million — nearly a third of the legitimate costs of the rights to the tournaments involved,” Loretta Lynch, the U.S. Attorney General,  told  reporters during a p