International

FIFA halts payments to confederations in Americas

2016-02-02 12:55
(File, AP)

New York - FIFA has halted payments to the regional soccer bodies of the Americas during ongoing investigations into corruption.

The money was due to the federation known as CONCACAF, which represents North and Central America and the Caribbean, and the South American group known as CONMEBOL.

FIFA said Monday the money has been put on hold "until further notice." The international ruling body is "assessing further steps" to "increase the level of assurance" so funds may be released in the future.

CONCACAF said a $10m payment was halted. The group said it has met all of FIFA's requests for documents to "ensure the issue is resolved in a timely manner."

The payment halt was first reported by Bloomberg Business.

The past three presidents of CONCACAF and CONMEBOL are among more than three dozen individuals who have been charged with corruption by U.S. prosecutors.

Read more on:    fifa  |  fifa bribery scandal  |  soccer
NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

Live Video Streaming
Video Highlights
Sport Talk

 
 
Men
Women
Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

English Premiership flutter

Take Sport24's "expert" tips at your peril...

Featured

The 2017/18 Absa Premiership season is under way. Can Bidvest Wits defend their title? Will Soweto giants Kaizer Chiefs or Orlando Pirates emerge victorious? Or will the bookies' favourites, Mamelodi Sundowns, taste success for a record eighth time? Stay glued to Sport24 to find out!

Latest blogs
Vote

Do you think SAFA made the right choice in appointing Stuart Baxter as head coach of Bafana Bafana?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.