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FIFA suspect Jeffrey Webb pleads not guilty, bond set at $10m

Former FIFA vice president Jeffrey Webb pleaded not guilty in a New York court Saturday in connection with a massive international corruption scandal, and agreed to be released on a $10 million bond.

FIFA suspect Jeffrey Webb pleads not guilty, bond set at $10m

New York: Former FIFA vice president Jeffrey Webb pleaded not guilty in a New York court Saturday in connection with a massive international corruption scandal, and agreed to be released on a $10 million bond.

The 50-year-old dual British and Cayman Islands citizen has relinquished his passports to the FBI and must remain within a 20-mile (32-kilometer) radius of the US federal court in Brooklyn.

He is the first former official from soccer`s governing body to appear in a New York court in connection with the sweeping international scandal that has rocked the sporting world.

He was flown to New York from Switzerland earlier this week, the only one of seven FIFA officials arrested in Zurich not to contest extradition.

His wife, a US citizen, her parents and grandmother signed his bond papers in court. Six other members of Webb`s extended family will also sign his bond application.

In all, 14 defendants stand accused of soliciting and receiving more than $150 million in bribes and kickbacks across 24 years.

US Attorney General Loretta Lynch unveiled the 47-count indictment in May, charging soccer officials and marketing executives with racketeering, wire fraud and money laundering conspiracies.

Besides serving as FIFA vice president, Webb was president of the Cayman Islands football association as well as CONCACAF, which oversees the sport in North and Central America and the Caribbean.

Prosecutors allege that Webb was bribed more than $7 million by sports marketing outfit Traffic Sports USA and its then-president Aaron Davidson in exchange for contracts granting exclusive rights to soccer tournaments.

Traffic Sports USA is a subsidiary of the Brazil-based Traffic Group, which was involved in buying and selling media and marketing rights for football games.

From Zee News

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