Former FIFA VP pleads not guilty to corruption charges

ABS-CBN News

Posted at Jul 19 2015 10:19 AM | Updated as of Jul 19 2015 06:20 PM

 

Jeffrey Webb, the former vice-president of FIFA, has pled not guilty to corruption charges before the United States Federal Court.

The 50-year-old Cayman Islands national is accused of racketeering conspiracy, wire fraud, and money laundering.

Extradited from Switzerland to the United States, Webb and several other high-ranking FIFA officials allegedly exploited the sport for their own gain through bribes of more than $150-M over 24 years.

Webb was released on a $10-M bond, co-signed by family members, and secured by properties, vehicles, personal possessions, and financial assets. -- News Now, ANC, July 19, 2015.