ubs it has received inquiries over fifa banking links
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

UBS: It has received inquiries over FIFA banking links

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today UBS: It has received inquiries over FIFA banking links

A Swiss flag is seen behind a sign of Swiss bank giant UBS
Geneva - AFP

Swiss banking giant said Tuesday that it too had been questioned over links with , after acknowledged last week it was being probed in the massive corruption scandal rocking football's governing body.

" has, and reportedly numerous other financial institutions have, received inquiries from authorities concerning accounts relating to the Federation Internationale de Football Association () and other constituent soccer associations and related persons and entities," Switzerland's largest bank said in its earnings statement.

" is cooperating with authorities in these inquiries," it said.

The announcement came after the bank's main Swiss rival announced Friday that it was under investigation by Swiss and US authorities over banking links with officials accused of bribery and corruption.

said the investigation focused on individuals and entities "including but not limited to certain persons and entities named and/or described in the May 20, 2015 indictment filed in " as part of an ongoing investigation into alleged corruption.

has been in crisis since May, when US authorities announced charges against 14 officials and sports marketing executives over bribery allegations amounting to more than $150 million.

As the investigation has deepened, the scandal-plagued organisation has come under pressure to undergo deep reform with major sponsors queueing up to demand become more accountable and transparent.

Last month, long-time president was suspended, as was chief , who still has his sights set on Blatter's job.

A new head is set to be elected on February 26.

Sponsors have been urging a reform process similar to that used by the after it was dragged into a bribery scandal over the 2002 Winter Olympics.

According to Swiss law, banks are required to report all suspicious accounts and transactions.

In July, Swiss authorities said they had uncovered 81 suspected money laundering transactions linked to the scandal.

And in September, 's attorney said investigators had seized assets, including apartments in the Alps, and were scrutinising 121 bank accounts.

"Clearly, we are not even near the half-time break," he told reporters at the time.

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ubs it has received inquiries over fifa banking links ubs it has received inquiries over fifa banking links

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ubs it has received inquiries over fifa banking links ubs it has received inquiries over fifa banking links

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more

GMT 15:09 2014 Thursday ,10 July

Architecture tale of old and new

GMT 18:44 2017 Thursday ,21 December

South Sudan warring parties agree ceasefire: AU chair

GMT 18:38 2012 Sunday ,05 February

Deadline hours away for Greek

GMT 13:07 2014 Tuesday ,25 March

Alfa Romeo returns to US

GMT 17:47 2014 Tuesday ,19 August

How children's brains memorise math facts

GMT 18:37 2015 Thursday ,02 July

As nations dither, cities pick up climate slack

GMT 06:54 2013 Sunday ,21 July

Bombs strike favoured Ramadan hangouts in Iraq

GMT 16:03 2016 Friday ,04 November

Arsenal-Spurs feud divides families in north London

GMT 05:15 2012 Tuesday ,27 November

DNA sleuth hunts wine roots in Anatolia

GMT 09:54 2011 Thursday ,21 July

Gold prices near $1602 in Asia

GMT 02:47 2016 Sunday ,18 December

Bahrain condemns central Turkey blast

GMT 07:16 2015 Thursday ,16 July

Teenage births at lowest level in 70 years

GMT 06:31 2012 Tuesday ,21 February

Frozen plants back to life

GMT 11:10 2017 Saturday ,28 January

IMF concerned over Afghanistan refugee influx

GMT 07:41 2017 Monday ,23 January

Iraq forces take two more areas in east Mosul
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday