Frank Vogl

Anti-Corruption • Ethics & Integrity

Frank has been engaged with global economics, banking, governance and anti-corruption for more than 40 years, as a journalist, as a World Bank senior official, as an anti-corruption civil society leader, and as a top level advisor to financial institutions.  Frank is President of Vogl Communications, Inc., which has provided advice to leaders of international finance for more than two decades.

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The Enterprise

The FIFA Scandal - The Details on "The Enterprise"

June 01, 2015 by Frank Vogl in Accountability, Corporate Governance, Corruption, News

 

Fédération Internationale de Football Association (FIFA)

The more you dig into the details of the prosecutions that have been announced into world football (what is called soccer in the U.S.), so the more one understands the staggering scale of the conspiracies. “Let me be clear: this indictment is not the final chapter in our investigation,” stated Acting U.S. Attorney Kelly T. Currie of the Eastern District of New York. Indeed, there are likely to be many more cases, not just in the U.S. and Switzerland, but in other countries as well. The Senate in Brazil, for example, is launching its own investigations. “Corruption of the enterprise became endemic,” according to the 161 page court filing detailing the 47 indictments brought against 25 conspirators, including former top FIFA officials and leading international sports marketing companies and their executives. On announcing the indictments, U.S. Attorney-general Loretta Lynch drew attention to the real victims of these crimes. She said: - "It has profoundly harmed a multitude of victims, from the youth leagues and developing countries that should benefit from the revenue generated by the commercial rights these organizations hold, to the fans at home and throughout the world whose support for the game make those rights valuable.

To read a detailed summary of the U.S. Justice Department's statements and court filings please click - The FIFA SCANDAL - DETAILED SUMMARY

  An example of bribery payments as detailed in U.S. court filings:

Copa America Centenario Scheme Bribes

Host Nation

2015 CHILE

2016 USA

2019 BRAZIL

2023 EQUADOR

Total bribes 

Contract Price

$20 million

$75 million

$80 million

$85 million

 

Bribe

$20 million

$30 million

$20 million

$20 million

$110 million

June 01, 2015 /Frank Vogl
Argentina, Egypt, FIFA, France, Morocco, Qatar, Russia, Switzerland, United States, Venezuela, Money Laundering, Corruption, Brazil, Sports, Tax Evasion, Trinidad
Accountability, Corporate Governance, Corruption, News
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