Saturday, June 06, 2015

Branko Milanovic on FIFA corruption

One story tells the tale:
Branko Milanovic on FIFA corruption

Sepp Blatter resigns as FIFA President

FFA chairman Frank Lowy to resign

Über diese Banken flossen die Fifa-Schmiergelder Blick. Identifies banks involved in FIFA scandal. 

Chuck Blazer was a powerful figure in international soccer, and he enjoyed the trappings that came with the role: two apartments at Trump Tower in Manhattan, expensive cars, luxury properties in Miami and the Bahamas.
But for all of Blazer’s lavish living, he did not file personal income tax returns. And in August 2011, Steve Berryman, an Internal Revenue Service (IRS) agent in Los Angeles, opened a criminal investigation.
Thousands of miles away in New York, two Federal FBI agents, Jared Randall and John Penza, were working on an investigation of their own, one that had spun off an unrelated Russian organised crime case in December 2010. The agents on opposite sides of the country were looking at some of the same people.
Follow the money how FBI and IRS teamed up on FIFA

Richard Weber, the IRS criminal investigations chief, signaled in an interview that he expects more indictments in the FIFA investigation. One of the defendants already named has pleaded not guilty. The indictment shows all the creative ways FIFA officials allegedly hid the bribes. (NY Times, Daily Mail, NY Daily News, Deadspin)
Corruption Currents 

Nine FIFA Officials and Five Corporate Executives Indicted for Racketeering Conspiracy and Corruption via LM on RICO

Gawker ON FIFA

Fifa was the perfect global monopoly – and its crisis is a parable about the future of capitalism Guardian
Qatar Stocks Rise After FIFA Re-Elects Blatter; Dubai Falls Bloomberg
Ex-FIFA vice president Jack Warner hits out at The Onion story Sidney Morning Herald
How FIFA were nailed by last act of revenge of a dying man: Investigative journalist ANDREW JENNINGS reveals how former official led him and the Feds into the dirty depths of Blatter’s kingdom of corruption Daily Mail
F-bombs, shouting: Uncivil discourse on Boston’s Olympic bid AP