Tag: FIFA
Banks from Cayman to Switzerland caught up in FIFA scandal
(CNS Business): The Cayman branch of Fidelity is just one of many banks around the world that have now been caught up in the various FIFA corruption investigations, calling the already distrusted global banking system into question. Citibank, First Caribbean and HSBC are just some named in the US indictment outlining the corruption case against a number of […]
Webb scandal not representative of Cayman
(CNS Business): It’s been three weeks since the Cayman Islands was shoved into the international spotlight of a corruption scandal, with the arrest of now former CONCACAF president and FIFA vice president, Jeffrey Webb. “This isn’t a representation of the jurisdiction,” Cayman Finance CEO Jude Scott told CNS Business, maintaining that Cayman has no tolerance for corruption, money laundering […]
Recent comments