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Showing posts with the label Money laundering

"The Murky Game": Story of the FIFA Corruption Scandal!

| Image: A comedian threw stacks of money at Sepp Blatter during a meeting of FIFA’s executive committee in Zurich.Credit...Arnd Wiegmann/Reuters | In 2015, Swiss Police entered a five-star hotel in Zurich and arrested six people. These people were Office bearers of FIFA (Federation Internationale de Football Association) the governing body of World's most popular sport "Football" .Hours later, the Justice Department of New York, USA unleashed a barrage of allegations to the tune of 47 counts of Indictments against 14 people including FIFA bigwigs, sports marketing executives and owners of broadcasting groups with charges of racketeering, wire fraud and money laundering. This event came as a shocker for football fans worldwide, however, many iterated that it was long pending. So, What begat this disaster which engulfed almost the whole of the footballing world?  The Wholistic View carefully examines (5 Min Read). To grasp this whole series of events and how things trans