Please enable JavaScript to view advertisements.
×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download App

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.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902

Follow The Standard on Google News