Russia Today - May 28, 2015
Multinational corporations with ties to FIFA are scrambling to
distance themselves from the allegations of impropriety that have put
the global soccer organization this week at the center of a major
corruption scandal.
Nike, Adidas, Coca Cola and Visa are among the companies that
have been driven to releasing statements this week after 14
current and former FIFA officials were arrested in Switzerland on
Wednesday in connection with charges unsealed in the United
States.
While Oregon-based Nike isn’t named in the 47-count indictment,
the long-time World Cup team sponsor has been rumored to be tied
to the affair after the Justice Department alleged this week that
FIFA officials bribed “a multinational sportswear company
headquartered in the United States” to get a deal with the
Brazilian national soccer team.
According to the federal indictment unsealed in a Brooklyn, New
York courthouse on Wednesday, an identified sporting goods
company agreed to pay $160 million with FIFA over the course of a
decade for the rights to exclusively sell Brazilian gear;
elsewhere, the indictment alleges that millions of dollars
funneled through a Swiss bank account went towards paying off
“high-ranking” FIFA and Brazilian soccer officials, Bloomberg
News reported.
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