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Swiss authorities return frozen Sh 4 billion to South American football federation

The South American Football Confederation. [ Photo: Courtesy]

Swiss authorities have seized around $40 million (Sh4 billion) in funds frozen in Swiss bank accounts amid soccer corruption investigations and are returning the money to South American soccer confederation CONMEBOL, federal prosecutors said on Wednesday.

The Swiss Office of the Attorney General (OAG) had opened several criminal proceedings in connection with South American football officials, including former CONMEBOL President Nicolas Leoz and former Secretary General Eduardo Deluca.

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