FIFA on Tuesday admitted that it had processed a $10 million payment from South Africa to a disgraced football official but denied the world body's secretary general Jerome Valcke was involved. FIFA released a statement after The New York Times reported that Valcke, right hand man to FIFA leader Sepp Blatter, had signed off on the payment.
"If I have been in FIFA for 30 years and I have been thiefing all the money, who give me the money?" Jack Warner asked his supporters gathered in Trinidad. After one blurted out, "Blatter!" Warner asked, "And why it is he ain't charged?"
"From an economic point of view, the cost of building a new stadium is not best described by the amount of money needed to build the facility but rather the value to society from the same amount of capital spent on the next best public project. Nigeria's government recently spent $330 million on a new national soccer stadium, more than the annual national government expenditures on health or education."
Call centers are one of the fastest growing sectors of the Costa Rican economy, but this boom industry has a dark side. Costa Rica was home to a massive telemarketing scam that defrauded thousands of U.S. citizens — most over the age of 55 — of upwards of $20 million. Prosecutors in the Western District of North Carolina have convicted 46 defendants from the United States related to the sweepstakes fraud to date.
The U.S. drug economy rests on a highly exploitative labor regime. If pot were an iPhone and the supply chain based in China, investigative journalists would be blasting the labor practices that delivered it.
ZURICH, Switzerland – Sepp Blatter won a fifth term as FIFA president on Friday in a dramatic end to an angry campaign dominated by a corruption storm that engulfed the leadership of world football.
FIFA President Sepp Blatter did not raise the many calls made for him to resign for Friday's election, as he opened FIFA's annual congress one day after seven top football officials were arrested as part of a U.S corruption inquiry.
As many amateur humorists on social media noted Wednesday morning, there's a certain appropriateness to the United States having been the country to articulate and disrupt alleged corruption within the governing body of international football. Here's why they can do it.