AIRLINK 217.98 Decreased By ▼ -4.91 (-2.2%)
BOP 10.93 Increased By ▲ 0.11 (1.02%)
CNERGY 7.55 Decreased By ▼ -0.01 (-0.13%)
FCCL 34.83 Decreased By ▼ -2.24 (-6.04%)
FFL 19.32 Increased By ▲ 0.08 (0.42%)
FLYNG 25.15 Decreased By ▼ -1.89 (-6.99%)
HUBC 131.09 Decreased By ▼ -1.55 (-1.17%)
HUMNL 14.56 Decreased By ▼ -0.17 (-1.15%)
KEL 5.18 Decreased By ▼ -0.22 (-4.07%)
KOSM 7.36 Decreased By ▼ -0.12 (-1.6%)
MLCF 45.63 Decreased By ▼ -2.55 (-5.29%)
OGDC 222.08 Decreased By ▼ -1.18 (-0.53%)
PACE 8.16 Decreased By ▼ -0.02 (-0.24%)
PAEL 44.19 Increased By ▲ 0.69 (1.59%)
PIAHCLA 17.69 Decreased By ▼ -0.37 (-2.05%)
PIBTL 8.97 Decreased By ▼ -0.10 (-1.1%)
POWERPS 12.51 Decreased By ▼ -0.50 (-3.84%)
PPL 193.01 Decreased By ▼ -5.23 (-2.64%)
PRL 43.17 Increased By ▲ 0.93 (2.2%)
PTC 26.63 Decreased By ▼ -0.76 (-2.77%)
SEARL 107.08 Decreased By ▼ -3.00 (-2.73%)
SILK 1.04 Decreased By ▼ -0.02 (-1.89%)
SSGC 45.00 Decreased By ▼ -2.30 (-4.86%)
SYM 21.19 Increased By ▲ 0.42 (2.02%)
TELE 10.15 Decreased By ▼ -0.37 (-3.52%)
TPLP 14.51 Decreased By ▼ -0.44 (-2.94%)
TRG 67.28 Decreased By ▼ -1.57 (-2.28%)
WAVESAPP 11.29 Decreased By ▼ -0.63 (-5.29%)
WTL 1.70 Decreased By ▼ -0.09 (-5.03%)
YOUW 4.25 Decreased By ▼ -0.10 (-2.3%)
BR100 12,397 Increased By 33.3 (0.27%)
BR30 37,347 Decreased By -871.2 (-2.28%)
KSE100 117,587 Increased By 467.3 (0.4%)
KSE30 37,065 Increased By 128 (0.35%)

The British Broadcasting Corp claims to have seen evidence detailing what happened to the $10 million soccer's world governing body FIFA sent to former vice-president Jack Warner. Warner is among nine current and former FIFA officials and five corporate executives charged by the US Department of Justice with running a criminal enterprise that involved more than $150 million in bribes.
Prosecutors say Warner solicited bribes worth $10 million from the South African government to host the 2010 World Cup and diverted funds for personal use. The BBC reported on Sunday that it had seen documents showing Warner had used the money for cash withdrawals, personal loans and to launder money.
"The papers seen by the BBC detail three wire transfers by FIFA," the report said.
"In the three transactions - on 4 January, 1 February and 10 March 2008 - funds totalling $10m from FIFA accounts were received into CONCACAF accounts controlled by Jack Warner."
Warner, a central figure in world football's deepening scandal, had constantly denied any wrongdoing but vowed last week to tell investigators all he knew about corruption within the sport's governing body.
The 72-year-old announced his plans to reveal all in a paid political address in his homeland of Trinidad and Tobago, entitled "The gloves are off". "The documents reveal how the money was spent and moved around," the BBC said in its report.
"JTA Supermarkets, a large chain in Trinidad, received $4,860,000 from the accounts.
"The money was paid in instalments from January 2008 to March 2009. The largest payment was $1,350,000, paid in February 2008."

Copyright Reuters, 2015

Comments

Comments are closed.