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 09:57 2016 Wednesday ,23 March

cartoon two

GMT 09:58 2016 Wednesday ,23 March

cartoon four

GMT 10:22 2016 Wednesday ,23 March

cartoon twelve

GMT 10:18 2016 Wednesday ,23 March

cartoon eight

GMT 10:21 2016 Wednesday ,23 March

cartoon eleven

GMT 19:37 2017 Friday ,17 November

Turkey capital bans German gay film festival

GMT 19:17 2017 Sunday ,06 August

Yemen president receives human rights committee

GMT 15:04 2017 Thursday ,21 September

Macron calls for new measures to be added to Iran deal

GMT 18:55 2012 Tuesday ,17 April

Mojo\'s Lounge & Grill restaurant

GMT 12:54 2018 Tuesday ,23 January

Macron hosts 140 CEOs in pre-Davos charm offensive

GMT 11:24 2018 Sunday ,07 January

Globes newcomer Timothee Chalamet shoots

GMT 19:22 2015 Wednesday ,15 July

Strettle hoping to follow Abendanon's Clermont lead

GMT 13:35 2017 Wednesday ,25 October

Barbarians pick New Zealand's Savea
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 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

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